LATE SWING UP

As mentioned on Monday Weekly post , markets did hold 4800 , held the S/R of the week and having a positive bias made a late surge upwards towards 4900 yesterday ...(Bearish experts must be surprised)Well global cues are positive today and 4930-50 is again a watch zone where trapped bulls may unload..4860-80 should be a support zone for coming time, breach of which may start the downward journey again..Keep booking your profits..(specially for the foot in we did at 4700 levels)..cheers