VOLATILE DAY

Markets today again moved in a range 4800-4900 ...Lots of feed coming at highs..with ADVANCE BLOCK as the day candle..Any longs should have a SL of 4780 in close..Reaction area now becomes 4880-4920...be nimble footed and trade w/o emotions in the coming days ..This is again a classic SWINGING DAY..enjoy the day cheers..

POSITIVE ALL OVER

Markets are in a positive frame again globally specially Asia..4880-4900 is the watch area cross of which markets can have a fast upward move..RIL just about started moving ..keep a close eye on that for trade ahead in coming days....I still feel caution should be used here and trades taken with strict SL..4780 and 4740 below that could be the support to watch..enjoy the trade cheers.