The coming session is likely to witness the range of 4385 on advances and 4100 on declines. The bullish pivot for the coming session will be at the 4180 mark. The wide range is due to the high base effect of the range on Friday. Follow-up buying is a pre-requisite for a sustained upmove here onwards. Watch the turnover figures keenly.
The outlook for the markets on Monday remains that of optimism, barring unforeseen circumstances.
Saturday, September 20, 2008
RSI-2
