SURPRISE RALLY

The last hour trade just took most traders by surprise( including myself) after moving in a very tight band the whole day...as they moved on a few select shares ralling namely RIL, ONGC etc to cross the old high of 3110 , where stop losses got hit.. will watch 3150-60 very closely tomorrow for any reaction to come failing which we will be heading to wards 3200 zone then.Supports now are at 3050 and 2990 ..take care ..cheers..

WEEK AHEAD

Its positive mood all over right nowdue to global cue & local stimulus..well we are also reaching the top of the bend and results just facing us in the next few days ..2990 this week will be the S/R , so watch that for longs, resistance lies in 3100-3150 zone..trade accordingly and investors should wait for dips toreinvest rather than chase the market..take care CHEERS..