Markets With Mack

Good Morning Everyone So last 2 weeks Main Indices have kept quiet and stayed in a range,May month as a whole has been consolidating,Now we are entering June & Natural expectations would be markets to move and the direction is obviously looking at the trend and structure is upwards But one has to be very cautious before carrying positions,since big players will try to deviate or do sl hunting before any clear directional move,For Today in Nifty 24860 on the upside and 24695 on the downside are key important areas any break of this structure will then trigger a directional move Broader markets like Midcap and Smallcaps have performed decent in last 2 weeks,Good thing is Many Companies have given good Q4 results and also Institutions are slowly moving their money in these risky assets Yes i forgot to discuss about Gdp data which came on Friday,It was above estimates,But what i have observed,markets hardly react to gdp numbers be it good or bad,so don't expect much here Thanks

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