12-10-09 trading shows that the markets took support on the long term support line i.e., nifty 4930 and bounced back to rise. Nifty closed at 5054 +109 points.

• FII data more buying in cash, index futures, and stocks futures.
• F&O data nifty futures reduced o i means strength not added for blind bull run. options writings shows more put writings and buy back of calls shows bullishness.
• US markets are flat means weakness.
• Global cues are in green but weak.
• SGX nifty flat.

Over all view: As the markets took support on the trend line it is now expected there wil be some bull run may be up to nifty 5220. Rising wedge resistance line is at that zone. Then if markets turn down we will see it later.