Smartinvestor : It has been a quiet start to the day. How do you see the markets panning out from hereon? Do you expect them to drift lower in the remaining part of March?
Ravi Nathani : Yes I look a bearish market for short term, whereas with a resistance / stoploss of 5870 as per closing basis Nifty is expected to drift lower whereas support is expected around 5700.
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Smartinvestor : What are the key support and resistance levels for the CNX IT? What about Wipro, Tech Mahindra, OFSS and Infosys? How do these stack up on the technical parameters?