Markets finally showed their hand and capitulated towards 4700 the support zone for the time being..somewhere in the 100-200 points markets should make base, if its already not done so ,and then start the process of consolidation for a peroid of time..ie go sideways for sometime in a range to forge ahead sometime later in the year..4820 could be the S/R of the coming week with a range of 4650-4900 or 100 points over below that..Do some medium term buying in your favorite stocks and hold..traders be nimble and fast..enjoy the trades..
cheers..
No QE 3 for now and end of Anna jis fast could be positive for us..lets hope Govt. gets down to the serious business of governance which reposes faith in the FII's to come back and invest in INDIA..
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