After the massive fall on Wednesday the market remained calm on Thursday on the back of expiry. It has not broken
highs and lows of the previous day that we may call it as a tight range activity. The highest (5265/17535) and lowest
(5200/17330) levels of Thursday may act as strong levels to move the market sharply on the either side especially in the
second half of the trading session. On the higher side we may expect the market to reach 5300/5310 if indices sustains
above 5265 and may fall to 5160 if it fails to hold 5200 in the second half of the trading session.
