Markets retested the tops to absorb the events of the last week and then made its way down . 5250-5280 is support zone for this ride down ..breach and close below this zone will spell weakness for the short term and markets can dip into deeper levels ,so be cautious below 5250 till 5100. Above 5400 which is the S/R level of the coming week we can head all the way up to 5600..enjoy your trades
cheers.
PS: all levels i give here are of nifty future.
