INSIDE DAY AGAIN

Markets are closing over 4800 levels for the 4th straight day..After making a inside day again today its closed towards the high of the day, indicating a certain amount of bullishness for the week ahead.Cross now of 4890 can easily take it to 4990-5000 zone , as in last 2 days it has jerked the weak hands a few times..Area to watch for support or stop loss for longs now is 4790-4800..This has been a good swinging week..enjoy the weekend ..cheers.

WEEKEND TRADE

Markets globally are taking support at key levels to make small bounces back..( liquidity)Selling at higher levels is quick ..the range still is 4780-4880 (+/-50 points) as of now...I will advise booking of profits in every rise , to remain in cash for a while in investments.., trade intraday only so as not to be caught in any sudden moves either way..and to wait for a good dip to get in..enjoy the day ..cheers.