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NIfty and Sensex moved Sideways wholeday

TechnicalTrendz:there was volatility,but sideways and still in your range(bear)

BEAR:friday's market was good for traders,with sideways movement no one got adventage.In Option side early part of trading 4800 strike price calls got writted around 4.5 lakhs,in second half it got covered and 4800 put got writted around 5lakhs of open interest.So there was also confusing signs,if you look volume its low ,in FII buying ,they were net seller for around 50cr.

BULL:Market was bearish because of weak asian markets ,but we stayed whole day in 4800 and closed above that. so i think strongly that a market with such good signal will only move up from here onwards.