Monday Sickness

Today not much to say about our markets. As since our markets is struck in a band of 4300 to 4700 it's quite tough to take positional call. Mentality of traders are on very safer side now. So if anything can happen, that may happen in unexpected time.

Today unless 4492 on Nifty spot holds, day traders can hold their longs. But due to US markets slide, we may get a gap down start today. Recovery depends on the interest of FII, who were net sellers in resent past.




Levels for the day:

4487 - 4516 - 4555 - 4577 - 4591 - 4633