SURGING AHEAD

Markets are absorbing just about all the feed it is getting and just about moving ahead crossing each resistance ..The TWO TARGETS that markets had were 1) 4990-5000 , where we seem to be headed now..and...2) 5150 zone which we may head towards in case we are able to give a few closes over 5000 levels.. Supports now lie at 4810-20 levels..Trade accordingly..cheers

POSITIVE ALLOVER

Markets are just unrelenting on global cues & liquidity..and the rally seems to astound all and sundry..cross and close over 4890 can take the markets to 4950 & above that 4990-5000 range..Will advise here on to only buy in dips and maybe stay away for a while if you are in cash..Any weakness will now be only below a close of 4890 now..enjoy the day cheers.