If it has not been for 49 point range on 17-Dec, spot would have also shown NR-13 today. Inspite of the X of NRx.. message of ongoing consolidation and lack of interest by biggies is loud clear.
As holiday season starts now, quite likely that we might have to wait till new year for real action. Though , I am not ruling out the probablity of window-dressing move at year end / quarter end triggered by Fund managers. If that happens, then likely that it might be more on upside then downside. Just my 6th sense partially supported by stats of analysis.. Lets see what mkt has to tell us..
Happy Trading