TRUNCATED WEEK AHEAD

Markts have surprised all by huge gap up leaps it has taken , driving markets away from major resistances. 3150 will be area to watch this week 3330 on the higher side, though being a truncated week , care should be taken in trades...Technically i feel most charts are in overbought zone and reaction from 3300-3400 resistances zones can be fast & furious.. As at bottoms buying was recommended for traders/small investors..with this 4 weeks rally, prices are not favorable for longs at this levels , as far as risk reward is concerned.Stay on the sidelines for a buy in good dip policy ..Let the big players play this out..enjoy the day..cheers.