Watch out for Nifty 50

Nifty 50 seeems lacking in upside momentum near the crucial trendline which it had breached few days earlier. Crucial levels to watch out for are 22,500 and 22,700 and on the downside are 22,350 and 22,250. Chances today is of having small trading range. Any unestimated moves should be carefully watches for and confirmed twice before making any positions.