Market top out at 3150on Jan 6 be careful in long positions .

Market tops at around nifty 3150 spot on intraday basis on Jan 6 . Be careful in long postions as inablility to cross 3150 today had indicated a possiblility of market breaking to 3050-2950. Below 2950 we may move out of long positions as it may fall to 2750. Below 2750 it may fall to 2500.