CONSOLIDATION AHEAD

Markets finally rested today to consolidate in a 100 point range. The Moving Averages will still take a few days to catch up with the price distortion..till then play the range ..buy the dip -sell the top..I gave the range in the post in the morning..cheers..

WHATS AHEAD

Markets have changed the base in the last 2 days...3600-3700 zone seems too far back...FII in relentless buy mode still doing the catch up game...markets should consolidate in the range 4170-4250 NS in the coming days ( lower could be 4056 zone), try to test 4468 ( JANUARY 2008 LOW), maybe cross & TEST the NEXT SWINGs in the 4650 zone..move over this should be seen when we cross this zone...It will again become a traders market & technical traders can do well in this zoner..for retail and other friends..buy the dips with select mid/small cap stocks etc with very strict SL..cheers..