PROFIT TAKING TO SIDEWAYS

Markets will need fresh buying momentum to push forward , maybe with news or triggers in the coming days failing which it will be sideways to corrective dips of this huge rise from bottom. Markets can retest the bottom again or maybe stop higher thereby signalling to participants its footprint for trade to come in the coming weeks/months.Point to note here is Momentum/Index shares despite of severe beating , did a smart recovery.Wait a bit for market cues to settle before intitiating any longs..the trading ranges have already been given during the weekend... happy trading....CHEERS.