Markets have drifted down in the last week mainly due to global cues and no good news..Its been a very sideways kind of market this month & frustrating for investors traders alike with sudden drop/rise..( a small break /vacation can be a good thing for some weeks till results come in)..Markets may still drift lower to retest the recent lows or more lower, in case we do not sustain above 5300 levels..5420 seems to be the S/R for the coming week with a trading range of 5250-5450 ..Some select stocks which have corrected well can be taken for medium term in small qty..Spread your buying over next 2-3 months and then sit tight for while for some decent returns in coming years..cheers..
