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Quiet markets may be ready for thrust.

Quite often, a sleeping market is actually giving a message – an expansion in prices is coming.
For the past two days, the Nifty has been in a narrow trading range, almost sleeping. There may be a message here – that a thrusting move is coming soon. Thrusts are expansion which make prices move in any one direction. Expansion results in trend days or periods which are the basis of most trading profits. Then, sleeping markets (like the one we saw for the past two days) are in fact good news for traders, since they suggest that an expansion is coming soon.

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