Reason behind the fall and Nifty Futures Intra day chart 14 May 10

I gave the following instructions ...
dhanvarshagrp (5/14/2010 2:39:08 PM): possibility of short covering in nifty from here ...can go long 5130 is our level ...
reason I marked at the following chart ...but i was unaware of this news ....

SBI Q4 net plunges 32% on expenses, provisions

The country’s largest bank, State Bank of India, registered a 32% drop in net profit for the last quarter of fiscal 2009-10 at Rs 1,866.60 crore, against Rs 2,742 crore in the corresponding quarter of the previous fiscal, due to a rise in employee costs, fall in other income and higher provisioning for non-performing assets. For the whole fiscal, net profit was Rs 9,166 crore against Rs 9,121 crore in FY09, a marginal 0.4% increase. The results disappointed the markets, with the SBI scrip falling 4% to close at Rs 2,222.65, on a day when the Sensex fell 1.57%.

Please remember effect of news did its action but due to this action Nifty plunges by almost 100 points and every one will prefer to enter at this level coz we recently saw it above 5300 so as per human nature every one will be interested in keeping Nifty in his / her store ....

so again I am predicting that Monday will be a great day for  bulls ......