Markets gave the classic jerk from resistance zones to break the lows and close below 5134 support..The rise from december lows is now being retraced to fill the correction..5080-4770 is the support zone of this correction..some amount of capitulation has taken place on friday..Buy in dips in a SIP way could be the way forward from here..5160 seems to be the S/R for the coming week with a range of 5020-5250 as a possible inner range ,+/- 100 points..Trade accordingly..cheers
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