Markets are having a sell deluge every friday which causes sudden dip and panic...no reason so far assigned by anyone on the sudden intraday dips..5300 seems to be the S/R area for the coming week with a range of 5150-5450 ...Being the settlement week volatality will be there thus moves could be large and sudden..trying buying intraday dips and sell the intraday highs ..Markets have been in a range for a while and this has to break sometime..5230-40 on the lower side and 5380-5400 on the higher side will be the key towards breakdn/breakout for the coming week..enjoy your trades ..cheers
