NO NOTHING DAY

Markets just about did nothing moving in both directions and narrowing them at day end.( closed 2nd day below 4100), we have to close over this zone for any upmove , failing which we will just drift down..Nothing much to take home today except that todays weakness was bought into at lower ends ...range is 4050-4150 break either way is 100 points quick move for the markets .enjoy the day cheers..

WEAKNESS AHEAD

Markets are weak on global cues and will remain so for sometime it seems.. However a technical bounce can come anytime due to severe selling last few days..Trade ahead with caution , become a intraday trader till this dust settles ..as supports are way down once 4050 is broken deceisively..4200 will provide good resistance now ..enjoy the day cheers..