Neck to Neck

Even on the back of good global cues our market was not able to get a good start. This was simply due to the reduced trading interest. Low volume trade is an irritating factor. Day traders can't fetch anything in these kind of days. We can say Nifty is struggling at around 4600 to 4700 mark.

I have a mild doubt in my mind, which is stopping me to take any positions. It is safe to take only intraday positions till next week end. Use only 50% of your trade capital and back up the rest.

Just have an eye on Reliance every day. Today i expect a correction on that stock if breaks 1995.

Levels for today:

4589 - 4601 - 4622 - 4635 - 4666 - 4691 - 4717