HUGE RETRACEMENT

Market not only covered yesterdays fall but moved up towards 3700 zone, closing at the top of the day. This volitality started with RETRO MERCURY...enjoy the volitality and this will become a trading paradise for technical traders as markets will give swings in both directions thereby giving very good gains..(app 4% move today). Be prepared for range swings end to end till this phenomena lasts..be very light before the weekend..Range is 3500-3650-3800 ..trade with charts /technicals ..cheers..

SOFT CUES

Markets started unwinding from highs last few days..3500 zone provides some support for a bounce / retest of 3600-3620 zone..Markets may keep unwinding on rise before we hit the weekend of election results , from where serious moves may start... trade accordingly..cheers