POST MARKET 02-12-09

YESTERDAY IN THE BLOG,MENTIONED THAT 5150 WOULD ACT AS RESISTANCE & PROVED SO FAR THE WALL ATLEAST FOR TODAY TRADE.THEN MARKET MOVED & TRADED IN VERY NARROW RANGE OF 5120 TO 5145(NIFTY SPOTWISE) FOR MOST OF THE DAY.CLOSED JUST ABV 5120.SO, MARKET CONSOLIDATED IN VERY NARROW RANGE.WHAT DOES IT INDICATE??????WILL IT HAVE SOME STRENGTH TO GO UP OR SOME MORE CORRECTION AS IT DID LAST TIME.I SENSED IF 4980 SUSTAINED,NEXT TARGET WOULD BE 5300/5400+ WITHIN 10 DAYS.SO KEEP UR FINGER CROSSED.AS I ALSO MENTIONED YESTERDAY ABT BIG MOVEMENT(EITHER 4980 BREACHED OR GO UPTO 5300/5400+).LETS SEE WHAT WILL HAPPEN???????THTS MY IDEA.RECOVERY FROM 4800 LOW IS THE RESULT OF SHORT COVERING,BUT SHALL WE SEE FRESH BUYING?????HMM,HOPE SO.