MONTHLY TECHNICALS

Sensex has crossed the old high and Nifty may cross it this week..Momentum is in favour of the bulls still..Monthly INNER range is 4100-4900 with 4400 as S/R...( WEEKLY S/R is 4576) Where does it leave us now..Well we complete 5 months of this rally this week from the lows of the March, The party has to end sometime .from where ????? who knows..My advise is, just follow the charts and the technicals and keep very strict SL on your long positions for any sudden reversals in coming days or weeks..enjoy the weekend ..cheers..