Nifty is still in range

Nifty once again failed to break above the much hyped and much coveted level of 5180.
Its still in range . One should not try to trade in Nifty as its still volatile and choppy.

Berger Paints have shown breakout after long consolidation.It has support at 59 and resistance is at 75.

Banks stocks particularly PSU Banks have been hammered on last Friday. Lets see if they recover on Monday or not.
On International market Sugar futures prices are surging up but our sugar stocks remained muted to this development. Its difficult to find any secular sectoral movement . The best way to trade this market is not to trade breakouts and even if one wants to trade the volumes should be low and entries/ exits should be determined by using oscillators.