The market has left the gap between 5247-5263 levels, is the sign of exhaustion. In the past we have seen that the
market has filled it quickly and this time also we can expect the same.
Here the strategy should be to trade cautiously at higher levels and enter into short positions if indices reverse sharply
from current or higher levels (5340/17950). In case the market starts sustaining below the level 5235/17570 in the
second half of the trading session then we may expect further slide to minimum to level 5190/17420 and maximum to
the level 5160/17290 in the near term. On the higher side resistance exists at 5340/17950 levels.
