Nifty near 14000

The markets are doing two things simultaneously. On one hand, they continue to put on the incremental gain, and on the other hand, it continues to flash warning signs given the current market setup. This time as well, without disputing the underlying technical strength, it is required to be continuously kept in mind that the present rally is given the great liquidity push happening because of weak US Dollar, any mildest of the technical pullback in the US dollar is enough to give us a kind of jerk that we witnessed in the beginning of the previous week. The zone of 13800-14000 is still capable to offer great resistance to the markets. The India Vix rose by 2.30% to 20.4275 following a mild surge in the volatility