The elusive markets keep everyone guessing and that is what we will also do with education.
The very short term has 5000 to 5200 range possibility, some of the leading stocks such as RIL, SBI, HDFC give a medium term bullish possibilities which can not be ignored.
As of now a move past 5150 has 5215 target and a correction there after and the quality of that correction will have plenty of clues for us to figure out this market.
There are underowned stocks: Telecom - already done its first move; Sugar stocks are next in line.
RIL, HDFC are on the verge of major moves, especially Hdfc.
Positive divergence effect has started to show its effect on Metal stocks.
The last average to be scaled is the 50 dma, and holding above that would be bullish.