TOUGH DAY

Markets pleased to deceive today by not sustaining 4400 NS levels and the slow unwinding took its own time bringing the markets down to the support zone of 4250 app.. So what do we have now..close of today is at 4290 ( We are now testing the lower range of 4300-4500) any more fall from here can take us all the way to 4220-30 zone again..resistance now lies around 4340 zone ..Trade with care in the coming days in case 4220 breaks ..enjoy the day cheers..

RANGE BOUND TRADE

Global markets are positive, Range for us is set at 4300-4500..the bias is towards the positive side as of now ( 4250 support held well a few days back ), Swings will be available to savvy traders for good intraday gains..Trade accordingly..cheers