SMART MOVE

Markets did what its was expected to do, catch the shorters on the wrong side of the trade from 2570 levels , squeezed all the steam out of them today and moved up crossing the resistance point of 2850-60 levels to close at 2928..The rally was helped by the BIG BOY, RELIANCE leading from the front, almost all segments participated in the rally . so what next ?????..lets see some charts tonite to see whats in store in the short term.. As of now 2630-40 will now be long term support for longs..take care ..Cheers.