Sensex and Nifty trade full day in Narrow range

TechnicalTrendz:Only reliance was there in the market today

BULL:Yeah,Reliance had a lot of catchup to do.It all started four days back.important think is,it taken support in trendline and bounced

TT:Today i taught you guys have a chance to break 4750(Bear)

BEAR:Main index stock are ready to move down but reliance came in between,We are so happy when it closed below its trendline last thursday,but rebounded from there

TT:So a concerned Bear ?

BEAR: yeah ,we are concerned about put writing in 4800 PUT ,its open interest increased 6.9 lakhs in such a flat trading day.