|Market This Week
||The current market scenario can be termed as a traders market where the NIFTY is range bound between 5500-6000. The only thing that makes sense is to trade on the rise and keep a low profile around the lows. This week, the earnings season will kick-off with Infosys announcing its results. Besides IT companies, not much is expected from the other sectors. The entire week and the month of October is likely to remain volatile. A lot will depend on the earnings and also what the FEd decides in terms of tapering. The important support for NIFTY would be 5750 where 6000 could come as a strong resistance.