MARKETS STILL RANGE BOUND

Markets seem still to be range bound despite the crude /commodities being so soft and hitting lows in months , the range being 4250-4550..a significant break is reqd. at this range to signify the direction. This in fact is becoming a trading market , buy low/sell high .as intraday indicators went oversold again , a bounce is expected today, ( sgx nifty already up) till 4328-4368-4398 levels. support depper is in range of 4201-4220. As this is last trading day of the week not much activity is expected today..keep trading and be light footed..you will get days when you will get good prices for your favorite stocks, buy & hold , but always keep something stored away for that sudden deep fall which gives mouthwatering prices for long term investments..happy trading..cheers.