Efficient markets

I think the basic call i gave at close of pre muhurat session was we will gap up touch 5780-5800 and we will most likely not sustain.
Above 5710 , 5780 was justified however the level was only hit in spot and not futures. Entry advised was 5690 nf and then a possible pyramid above 5710.
During the muhurat session nifty spot moved perfectly and touched 5780, however
it seems futures players were already aware of res at 5780 and spot couldn't hold the level for even 1 min with nf not even going above 5710.
So now looks like more damage coming.
Be wary of the 5 year bull market cycles which are being completed.
Bias shifts to short side below 5650 , 60:40 once again.

The hedge given was ster.
initial call short at 1040 or below 1020 sl 1060/1049 target 1000/980/930.
Closed at 988.
Might weaken till 930 if bears keep pushing.