Markets continue to drift lower in spit of the lower inflation, RBI rate hike fears being most on the mind, & thus the Nifty is likely to drift to 5500 - 5470 & on the upside may move to 5580 - 5658, though technically most of the stocks are showing negative structure, long positions can be taken in ZEEL for a target of 146, NMDC for a target of 300, MINDTREE for a target of 430, DCHL for a target of 90, BAJAJHLDNG for a target of 809.
CHEERS !!!
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