``On Friday after a flat opening, our market witnessed buying interest and moved up towards 5,480 levels. But at higher levels in the absence of any positive trigger and follow up buying it could not sustained then closed around 5,450 levels. Market is likely to trade in a broader range of 5,350 to 5,500 levels, whereas any range breakout on either side may give further direction to the market. On downside if it falls below 5,400 levels then selling pressure may get intensify in the market towards 5,380-5,350 levels, which is next important support for the market. On upside if it sustains above 5,500 levels then only further up move may be seen in the market towards new zone. Our markets are tumbling from recent 30 months high levels with volumes so we are advising to be cautious in the market,`` said the broking house Anand Rathi.
49463
Market is likely to trade in the range of 5,350 - 5,500:
44418
'Stock markets seen rallying further'
53287
FTSE 100 could reach 6000
72857
The market gets a reality check
28713
Market may edge lower:
37657
Market may open flat to marginally lower:
77014
Traders may use 5,850 as an opportunity to re-enter:
141528
Markets remain reluctant to move sharply
11620
Market trading with loss at afternoon trade
7405
Confidence in market is high
15258
Market may open on flat note:
60048
How long is this market going to hold up?
156854
FTSE 100 fails to break 5,300 barrier
25452
Housing market appears to have achieved soft landing:
57814
Trend deciding level for Nifty is at 5,300:
154458
Property auction market will remain strong
90460
Housing market is on the rebound