SURGING AHEAD TODAY..

The rally today was remarkable as it kept absorbing all the feed coming to it throughout the day to surge ahead in the final hour , trapping the adventurous baby bears of yesterday and today.. The levels I mentioned in the morning for the retracements , it seems we are just close to 4150 zone over which 4200 -4250 should be tested..support now lies arounf 4050-70 zone for the time being..RIL finally moved and the Bulls got the much needed final push..Sustainance over 4150 zone for a few days must for any upmove , failing which markets may retest the bottoms or lower again..( a very good day for us in select stocks /options and Nf.)...this market is now turning to be level identifying -positional play- markets for good gains.. , trade accordingly..enjoy the day ..cheers.

STRONG CUES FOR THE DAY

Markets just about touched the lower end of the monthly range to bounce from there..A bounce is due and 1st step will be towards 4150-4200 zone..supports around 3850-3900 zone..Lets see where markets take support in days to come to get a view of path ahead for the next 6-9 months..Remember we are way ahead of 2539 NS of march and have to retrace more to give strength to the market..enjoy the day cheers..