Markets moved above the resistance zone from the severely oversold zones..The time cycle ending also gave the fillip to this move after August correction..Beyond 5750 the doors open for retracements all the way from 6100 zone..Below 5550 the downward trend will resume to complete the correction started from 6329 zone..5650-70 to be the SL for longs in the coming week with 5820 as a possible target over 5730-50 zone..Trade accordingly and book your profits ..Its always rewarding to buy the dips..cheers
