The week ahead is truncated so may be range bound. The previous week broke the lows to move quickly to the lowest levels showing this correction is for the rise starting from 8000(NF) till 9191..Markets have corrected well and this can go on further for some time wise correction .8550 now seems a big resistance if we spend more time below that..The correction is spread across segments of stocks.Select good stocks can be picked in a SIP manner over time for a move up..Long back had mentioned that the target of markets is about 9200-9250 above 9050 ..we just managed there before a good correction set in..Below 8000 persistant stay may drift this markets towards the target of 7300 zone..enjoy your trades cheers.
