DOING NOTHING

Markets opened up and stuck around 5000 zone the whole day doing nothing..lets see where we trade next 2 days..Seems bullish move over 5k & bearish below 5k...Its not a bad idea to sit aside & see what happens and take an entry at some reversal point high/low in days ahead..enjoy the day cheers

WEEK AHEAD

We open today after holidays..The week ahead has as S/R of 4980-90 with a broad range of 5150-4850..This is a 3 day trading week & can be low on volumes..We will open up as SGX NIFTY suggest and will try to climb towatrds old highs..Do trade in the direction with strict SL in place for any sudden moves the markets may give in coming days..enjoy the day..cheers.