NIFTY - Most probably Yesterday Low of 3199 or coming week low may be the bottom-out for the recent fall. From here we may expect a very decent pull-back that may go upto 3800 or 4050. It may be in a jig-jack pattern. Nov.08 may be the upside month and next fall may starts once again in Dec. 08. In that fall it may touch 2800. That may be the final fall for this downtrend market which was started at 6357 on Jan.'08.
(Please refer my Opinion posted on 27th January 2008 titled as VISSION or MISSION)

But.. But... If it close below 2800 for two or three days in a row then next stop may be 2000-1800.
After all, It is my Opinion only.