(Updated on 07-05-2012 Time 08.50 AM)
Market seems to be under quiet selling pressure.
We told here that more deterioration if markets traded below 5129.
That became true and touched the low of 5082 which is slightly above our projected low of 5079.
Now for Today it seems to continue the same sentiment and extend the drop up to 5020-5005.
4965 may hold if it shows some strength and may raise the hope of revival for short term move.