Markets are trading in rage- trade light

Nifty is trading in a broad range of 5000-5150-5180. One should trade with small quantity ie the volume should be reduced by 60-70 %. This is a time when along with charts one should use oscillator like RSI or stochastic to trade at overbought/ oversold conditions.

Remember most of the money made in clear trending markets is lost by traders in these range bound markets.

Syndicate Bank has resumed its uptrend after correction.Support zone is at 90-92 and resistance zone is 96-98-103.