TRADING MARKET

Markets are jumping around both ends of support & resistance..200 Day EMA provided the trigger for intraday shortcovering and 4800 unwounded the longs again....Markets may spent time BTW 4700-4800 for a while before they breakout/in in the coming days..Trade the zone till then & keep nipping in your select stocks as per your comfort for bounces...enjoy the day ..cheers.