TESTING STRENGTH

Markets are just about testing their strenght to see whether it should move up or just about unwind..Distribution seems to be the order , sectoral rotation is on..What Next???? nothing much..The range is 4480-4580..It will break either way surely soon ..till then buy low/sell high..enjoy the day...cheers..

RANGE BOUND AHEAD

Markets from here on maybe be on a consolidating mode broadly between 4500-4600, to decide on the next move..liquidity is pumping all markets ahead though valutions is worrying all the Market gurus..All seem to be riding the momentum till next key resistance and then moving ahead again despite valuations now having no meaning vis a vis earnings ...Thats the Markets for us my friends....( Same we heard around NOV-JAN 2008 before all hell broke loose)..Trade with care..enjoy the day cheers..