SOFT MARKETS.

After a strong move of last week, markets witnessed routine profit booking yesterday..With crude/gold running up, US markets also went soft & started the correction of the stupendous ride up..Asia may follow also for a few days..NO BOTTOM FISHING TODAY. supports lie at 4170 and below at 4130. If weakness persists we may go to 4070 and 4020 zone. Do remember that markets can do upto 61.8 % retracement of the total upmove which is around 3990 area. happy trading ..cheers.