Markets are testing supports at 62 % retracement of the dec-feb rise ..Failure to hold this takes us all the way to 78% retracement or 4780- 4800 zone..So what can be done..Well use this opportunity to get your foot in again into the markets..Buy your favorite shares for short to medium term in a SIP manner based on your risk appetite..Professinal traders should trade with the Technicals in the direction of the markets with strict stop losses..Good quality shares are available today at decent prices..keep some capital for a sudden capitulation day..4990 seems to be the S/R of the coming week with a range of 200 points either way..enjoy your trades cheers.
