TRADING SWINGS

Markets are trading in the range now , consolidating or distributing , only time will tell..the range still is 5000-5200 ..This range bound trading is bonanza for OPTION SELLERS & the more time spend here the more is their profits..Break will surely come soon and could be wild..In the mean while its been a good trading last 2 weeks ..enjoy the weekend..cheers.

SOFT CUES

No cues from the global markets except some softness..The shorts done at top yesterday due to failure to cross old high/will be quite profitable on opening....The range still is 5000-5200 with now 5100 being a kind S/R zone( Markets are poising/cooking for a big move..some time soon technical traders will be able to recognise the signs ) enjoy the day..cheers