INSIDE DAY

Markets remained range bound as expected and made a inside day after the big move..the range of 4680-4880 should be looked at in short term.. RIL has helped keep the markets up in last 2 days ..Profit booking in that could augur softness in coming days ...trade accordingly ..cheers..

RESISTANCE AHEAD

Markets should experience resistance in the 4850 zone and profit taking on every rise can be expected..Some good fresh momentum/money is required for markets to cross this congestion zone of 4850-80 in coming days..Technical Traders can utilise Intraday Charts for SWING TRADING in the coming days ..range as of now should be 4680-4880...enjoy the day cheers