Market shows narrow range with sideways trend. Avoid Trading.

Market shows narrow range with sideways trend.

suggesting to avoid Trading for today, as range is narrow as well as sideways trend.

FED meeting ahead.

Tomorrow we will take ques from US market.

Any Bad news related about QE3 or any announcement about reducing the Bond buying & liquidity may push the market to show major fall. we might be see Gap down opening tomorrow in our market if the above mentioned news came.

otherwise we will see a small recovery (gap up opening ) & whole day trading with narrow range.

 

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