RANGE BOUND

Markets are now moving in the range of 4220-4370...Breach any side will take it abt. 200 points either way.The markets are giving good trades to both BULLS & BEARS last FEW DAYS..as it has been range bound..Care should be taken when a breakout occurs..cheers.

SETTLEMENT DAY

Markets are a tad weak again due to global cues. DOW has failed to cross 8600 levels in this 2nd attempt also..any further selling in US markets will augur reversals as financials & other fundamentals again are suspect after all these months of huge pumping of funds..Coming to our markets the range for trade is 4250-4300 for the day , with a 30-50 points quick surge either way.. trade with care today , in the direction and with strict stop losses.enjoy the day ..cheers.