UNMATCHED RALLY TODAY..

markets were gearing up for such a sudden move from the last few days( very quick recoveries on falls was a silent signal)..& BULLS SHOWED THEIR MIGHT , remember had said support at 4335-4304 & ABOVE 4400 BULLS TERRITORY..markets ran with crude fall in mid day..short calls from the last few days completely got squeezed out , seeing the premium and the way nifty future ran..finally moving into overbought territory intraday and as we moved up fast, caution is required also as we can dip hard too with bears always waiting for the opportunity to attack....global reactions /clues will give clearer direction on thursday to us after the holiday.. crude too is recovering and can get back to respectable levels again promting the euphoria to subside suddenly..we may hit resistance in the next resistance levels of 4572-86..NS ,in case we move up from here..NF managed to cross its weekly target of 4511 easily in 2 days..enjoy the break..cheers