VOLATILE DAYS

Profit taking set in right from the word go..nice intraday correction which almost did the range I in wrote in the morning..4586-4551, nice trading zone we got of sell high /buy low, helped mainly by the technicals and the charts..Watch to trade cautiously around this zone of 4530-4600 ...some sideways consolidation and strenght test may be in offing here....enjoy the day cheers..

MOMENTUN DRIVEN MARKETS

Despite markets running on huge steam, caution should be taken at least by small/retail investers as the JERK could be sudden and severe.Keep trading but do protect yourself by playing intraday & with very strict stoploss.. Area to watch will be 4600-4620 zone , supports are deeper down at 4450-4350..Enjoy the day..cheers..