Today the market opening was simply great, a gap up opening almost 30 points. when many traders were expecting a gap down opening ; May be because of that the market just gaught in between the Day high-4999.90 <-> Day low-4967.10.The movments was narrowed within 37 -points
The 5.30 market hours was such a narrow bounded and made the traders spiritless..i feel the market come to an conclusive end of the mid point from where it can jump to either sides.This is what they call ' cat on the wall '.in today the market was unable to hit the 5010 level and unable to break down 4926 level.The market closed near the day high that give hope among the bulls.
let see what will happen tomorrow.
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