SPECTACULAR RALLY

Markets just about discounted every thing..(FII selling , bad moonsoon etc etc ) to move slowly but surely from supports of 4250 zone ..to the resistance zone of 4405-4450..with supports now at 4350 and 4290.. 4290 is turning out to be the key area for short term traders to trade..Shorts did get caught today , and their covering kept taking markets higher...Very interesting turn now ..we are close to last months close of 4446 and 2 days trading still left..enjoy the weekend..cheers