These experts seem to change their opinion every other day. Lets take it with a pinch of salt. Just yesterday there was another expert saying there was no risk of a douple dip, what ever that means I enjoy dipping my biscuit in my chai 2 to 3 times...:rofl:
Mostly expecting market will be range bound between 5300-5450 NS range for next a few days. In case we close above 5450, may be there is chance that we visit once 5540. Better to be hedged in short position and allow market to decide which way it wants to go next.
For day trading 5440-50 NF range seems to be resistance zone!