Today markets have opened with a Gap and traded above the Gap until 1 pm. Post 1pm, markets were swinging in the both direction. It was very difficult to judge, how they will close at that point of time. 12800-1282-12835 region seems to be very difficult to cross. Bears were hammering bulls in the last 45 minutes of trade and closing is not that sweet. Expect the volatility to continue for some more time.
We will do the opening review tomorrow.
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