SWINGING MATCH

Markets almost took to the range 4250-4350 as mentioned by me, Great swinging day again, though markets did nothing for most part of the day after open7 the initial slide , Till the last move down..( we too did nothing after the intial trade due to the very narrow range of the market , today seemed to be a rest day ..)The point to be noted here by techno guys .. is that we are closing BELOW LAST MONTHS settlement of (4337) & may end up closing below last months close 0f (4448).. too..This has happened after many months and does have a Technical signature ....lets look deeper into this over the weekend..enjoy the day ..cheers.

SETTELMENT DAY

Markets tested low around 4220, made a higher low to 4143 , moved on to close at app. the high point of the day..( swing trading worked well again )..Retracements were to take us to app. 4400 zone over 4290....4290 is the zone to watch again for support while resistance being first at 4350 then at 4405 range..Last trading day could be volatile so Trade accordingly..enjoy the day ..cheers