Markets welcomed the new year by crossing the recent top to close between 6400-6430 and then dipped towards 6220 as had been written last week..As we are moving into the result season soon volatality will be there to stay..6220 was held last week in close so any close below it will take us in the 6080-6120 support zone..resistances will come in 6340-50 zone now and decesive close over 6430 in the coming weeks/months only will propel markets towards 6900-7200 zone.. keep trading till then..cheers
