PROFIT BOOKING

Markets did what they had to do, unwinded as it never crossed 4280 zone due to no positive cues and buying support  by Larger players just missing as they were booking their profits ..It tripped at 4250  went straight to 4150 and then lower to 4092.. on sustained selling pressure.This whack was right on cards for all the guys who were too bullish for this settlement..and buying small dips due to being left out...strong supports lie in zone of 3990-4020, though markets may halt earliar and do a  bounce back..NF is almost down over 500 points from the top..trade cautiously and in direction..cheers..

WAITING

Markets all over a tad weak , seems no further bullish cues/sentiments,valuations looked stretched, unwinding may be around the corner in near future..The range as of now is 4150-4250, break either way can take it 100-150 points either way quickly....Trade carefully with SLs & in direction, enjoy the day......cheers.