Markets saw a disappointing week despite of good gains in global markets persistent weakness in rupee and unchanged RBI Policy affected the sentiments. On weekly charts, strong support is seen around the trend line coming from all time low around 5600 which is also 100 day EMA. If it sustains below 5600 then next support range is seen around 5550-5480. On higher side, 5840 will act as strict resistance. Overall, bears may dominate the market in the coming week.
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