TESTING TIMES

Markets just about went doing their business in routine after the massive fall of yesterday..Every rise was being sold into and every fall bought into..A 100 point pattern is what the market has made now..breakout/in should also be 100 points from this zone ..Swing traders must have again gained today ..enjoy the day ..cheers.

CONSOLIDATION AHEAD

After yesterdays huge sell off..( fully expected)...some amount of consolidation will be needed by the market to see which way it goes.. we are rated higher than other markets ( due to May abberation) and have to set that right some day ahead specially if global markets remain weak..4090 is a support zone below which we head for a huge slide down to fill the GAP.., and 4250 and 4290-4310 zone may give huge resistance..to any upmove..Be a Intraday trader for a few days/weeks till the dust settles..enjoy your trades..cheers.