ANOTHER RANGE DAY

Markets again halted close to 2750 zone to recover with short covering..we have closed below 2800 & if not crossed and close above that we can expect some more slide downwards..These days due to tight range maybe more sl's will be hit than profitable trades..trade with care and watch the range break..cheers..

RANGEBOUND

Markets just about doing nothing, making small moves up/ down now waiting for something to happen for it to take a decisive move..range 2750-2850 still..All should note one fact here that the fall from 3147-2660, we have not crossed 50% retracement so far, despite many days gone by ..Trade light and with care..cheers..