WEEK AHEAD

Markets showed good resiliance and despite overall belief of being overbought/overstretched, it defied gravity to close at the high point of the week. the S/R works out to be 3050 and the range is 3220-2880..Its the settlement week & volitality will be at its peak. All inputs for boosting economy have almost been put in by governments all over the world..trade light and in the direction...Enjoy the weekend..Cheers.