Till we break above 5400 Nifty we will remain range bound, 5400 being the Friday top, I believe we will breakout in next 48 hours and can buy some cheap feb call options, let media do their fancy word twisting & create hopes & then create scares, we wont buy their cheap talkers... but till the time we don't break out of 5400 no risky trades either side should be done, if we break out 5700 will immediately follow.
Well RBI gave nothing but then dint take anything either, so with SBI rights on status quo on...
On the funny side my blog got an hit from google search & guess what someone had searched for "loosing weight" so our market loosing weight is attracting lot of weight loss groups attention.
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