DAILY TECHNICALS

markets took resistance around 4420-30 area the whole of yesterday and could not move ahead & and will remain resistance for today too as crude is climbing higher & asian markets are soft , a pull back can be expected. area to watch is 4384-4369-4316-4300. markets maybe in range bound move as global clues have not given any further moveup triggers so one can wait for some direction break out to initiatetrade.trade in small quantity only for a day or so & watch the volumes during the day and direction.. cheers and happy trading