PROFIT TAKING.

markets just about made a double top yesterday, broke the trading range and moved towards the weekly support of 3350 zone..Buy in dip may not have suited many today and unwinding went on till the end of the day...So where would the settlement be..we are almost near small supports and a bounce can take us all the way back to 3420 zone..Trade the trend & direction as it is a settlement day tomorrow...cheers.

SETTLEMENT BLUES

markets are just about trading in the zone of 3430-3520 & maybe spend time here for the next day or so of settlement also. This week is truncated with holidays and serious trading will start in May series next week. Trade light , in direction ,in this range..enjoy the day..cheers.