Volatility may rise going forward as US is about to ' sneeze ' causing global markets to contract ' flu '.

No clear trend seems to be emerging for Nifty.
5825 -- 5840 zone may be used to go long on Nifty for an upside target of 5925.

Nifty may remain sideways for sometime in the range of 5800 -- 5940.

Would it be wise to go long on Nifty after it has rallied from 5600 to 5900?

Market is overheated with two strong days of rallying.
Stay away from Nifty for sometime.

All eyes on the US Fiscal Cliff.
Market will be watching the Indian parliament's winter session.
5800 may be revisited on the upside.

The Sweet Smell Of Flowers
The Array Of Colors
Diwali Is Here
Firecrackers Are Heard
Candles Are Lit
Diwali Is Here
Presents Are Given
We Pray To The Gods
Diwali Is Here.

HAPPY DIWALI
to all the viewers.

Market is trading in a very narrow range.  C2RFEZHJQZS9

Market is showing signs of fatigue on the upside.  Presuming that the market is stll in an uptrend, 5625 -- 5635 zone should be used for buying for an upside target of 5725. 

Closing below 5625 may see market going down to 5500 -- 5480.

5800 seems to be a possibility on the upside, thanks to QE3  and the extension of Operation Twist by the Federal Reserve Bank of USA and the Central Government's  Reform Policies.

The current uptrend seems to be exhausting. Nifty may see resistance in the 5500 -- 5525 zone.

Market seems to be in a state of eerie calm before the 'tempest'. Nifty is treading dangerously below 5200 on closing basis. On the upside, market may find it difficult to surpass 5240 -- 5270 zone.

Nifty is precariously poised at current levels. On the downside, 5150 -- 5175 zone may be tested.

But for the RBI Policy on Apr. 17th, Nifty could see resistance in the range of 5300 -- 5325.

With earnings season ahead, it will be interesting to see how the markets will pan out?
A close above 5450 or a close below 5250 with strong volumes should see the beginning of a new trend.

Nifty View till this Weekend

Nifty may broadly remain in the range of 5200-5400 with a downward bias. I won't be surprised if Nifty witnesses 4800 in the near future.