SETTLEMENT BLUES

Despite nervousness the markets shrugged of the Asian blues and moved ahead towards the 5130 zone, where a little profit taking came in from the weak hands..We have again closed above 5100 and will attempt 5180 over todays high in the next few days..5080 becomes the watch area on the way down, (the key to profits is keep booking your profits at highs and wait for dips to get in.......) enjoy the day..cheers..

UNSURE RIGHT NOW

Global cues not withstanding, Markets are just about unsure right now on the direction going forward..5050 offered support and deeper down 5000 around should be a support..Markets have to cross the threshold of 5130 around for any upmove towards 5180 going ahead..Take trades as per your risk appetite as the 2 days to settlement may be swinging choppy too..cheers