TRADERS DELIGHT

Markets are just spending time in a zone now of 4000-4200. Is it consolidating, could be, 0r waiting for some cues to take the plunge, which way, we will know in a day or so. best advise here for small traders is to stay away as undecided markets are normally the traps where many a investor get trapped..
A wise international investor once wrote that when hes really very itchy to take a specific directional trade , he normally pends his decision by 3 hrs/3 days/3 weeks and has found that the situation is quite different from what he had conjured in his mind..try it sometime,it may just surprise you into thinking afresh your trading stratergy.

Market settlement today is below last months settlement of 4214, which is not a good sign.Will wait & watch for cues to trade the direction from hereon..Massive positive news is required for move upwards otherwise we may end up in a range bound trade for some time.with downward bias....cheers.

STILL NO CUES

Markets world over still doing nothing. Very flat, range bound , seems looking to US for sense of direction..Are we showing weakness for a crash..Dont think so right now , as we would have drifted much lower yesterday in that case...Today being the settlement day some volatality is expected..Watch 4116 below and 4208 above . this could be the temporary range..Break either way will give direction..WATCH 4214 TODAY , it will be a important level for next months trade.