Markets were in the process of correction in the last week, for the upmove..Volatality played the key in the settlement..Markets are taking support at the 50/200 sma zone of app.5100 and will take resistance at 20 sma or 5240 zone..The S/R of the coming week is 5115 and we can have a 150 point move either way..Markets are poised at cross roads looking for cues from the govt. and global markets for any upmove otherwise it will remain in a range and drift downwards on its own weight..Trade with the trend in the coming weeks..cheers
