INSIDE DAY

Markets made a inside day, ie it never broke the HIGH/LOW of friday(2537-2628)..shorts seems to be covered in last trades as nifty futures moved up from the lows..To trade ahead , watch the breakout of the friday's high/low..Again will advise all not to get biased due to all the noise around the markets..REMEBER MARKETS TEND TO MOVE AGAINST THE MASSES.. enjoy the holidays ..will post some tech. chart in next 2 days ..HAPPY HOLI...keep visiting..cheers.

WEEK AHEAD

First of all let me thank my friends visiting here for all the offliners/ mails they sent me on my post on BOTTOMS /STOCK PICKINGS posted on friday .. thanks again guys& will try to look in future also at the reality check rather than getting bogged down with noise..
..Markets After managing to hold the 2530 levels , market will try to see whether this has to be a temporary support or has to seek lower zones for supports. 2600 will remain a S/R for this week with 2660-2530 as trading zone, any breach should take us app. 100 points quickly..being a truncated week with 2 holidays ahead, market participation/commitment may be low..trade accordingly.cheers.