Where do we go from here ????

Nifty has broken out of the range of 4350-4730 . This breakout may be a false one but if Nifty is able to sustain above 4650-4700 we may soon see it touching 5000-5100. One should wait for the dips to go long on Nifty.
Godrej Industries , Tata Chemical , Shanthi Gear, Thomas cook and EKC are looking strong on charts . Our yesterday pick India Bull Real Estate has also done well.
In this frenzy one should not forget about the global market. We will be able to move up only if we get support from global market and things are not rosy there either. So watch this space and have fun in your trading.