WHATS IN STORE

Markets quickly moved to the upper end of the band after the break out and again came close to the strong resistance zone of 2850...There are no great cues coming from overseas markets , so maybe the participants again may not press buying calls resulting in weakness over next day or so with range bound trading ,then deciding the move.It will be prudent to book profits in longs and trade light and in the direction. Supports today are at 2750-2690 with strong support 2630 & resistance at 2830-60 and a little higher at 2920. Trade accordingly ..CHEERS.