PERFECT RANGE GIVEN IN MORNING

Markets moved almost in the range given today morning in this blog..3600-3720.. Savvy & technical traders would have enjoyed the trades today..It looked like a typical trap today, both ways catching the baby bears & bulls..Hope ppl. visiting here enjoyed the range and made good profits..So what next..???????Nothing much to say except trade with technicals & charts whether you are a bull or a bear catch the lows/tops and make intraday money( but surely have a heart first for this kind of market and then trade.., )..cheers.

PS: Todays candle stick pattern ( DAILY ) is UPSIDE GAP 2 CROWS. ( This is a bearish pattern confirming to us of maybe a top & reversal, this gets negated only if tomorows we close over todays high ie 3717..)Watch this closely for your trades..

RANGE BOUND

Markets were range bound yesterdayafter the huge move of Monday , may be same today too , before some movement can be seen after tomorrows stress test event....3600 is the support area to watch and 3720 as resistance area for the next day or so. Trade accordingly..cheers.