CHAK DE DAY

Our markets opened weak on global cues took support again at 2880 zone, spent some time there to finally move up again to close at the high point of the day, though it was tricky at the top, it stilltook a decesive move in the last 5-10 mins forcing shorts to cover.Well the range is set now..... 2880-2960, break either way will take the markets 70-80 points quickly..in either direction.. Trade the direction, though would advise caution here & only intraday trades with smaller lots..enjoy the day ..cheers..