Markets have showed huge weakness from the settlement week after hitting the 5800 mark..Markets after closing below the 200 DMA will have to find its supports somewhere as we drift slowly into oversold zone again in daily weekly..5550 is the S/R for this week with a wide wildish range of 5400 to 5700..World events etc too are driving this down trend ..A technical bounce back will be due this week.. FNO traders should wait for a positive day before dipping in..you can pick choose small qty. your select stocks in this carnage and see from there..
STOCKS : Anything of index will be a good buy.
Happy Trading
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