Markets broke the range last week to head to 5800 but collapsed on friday to break the range on the lower side..Markets are at a very tricky corner right now..Failure to cross 5580-5600 range quickly and close persistantly over it will take this correction deeper towards 5400-5250 zone below 5480 levels..Be cautious in your investments and be selective on the severely over sold stocks which over a period of time may give good returns..Trade accordingly..cheers
