Nifty is in a range, don't put money now:

On Friday, the Nifty fell 28.65 points and closed at 5,386.70. The Sensex was down 67.01 points and ended at 17,783.21.

Sudarshan Sukhani of s2analytics.com says, the market has gone into a narrow groove. "This is not a buy on dips market because we are in a trading range. So, there is essentially no dip or no rally. It’s just a momentum inside the boundaries. So, do not put money on the Nifty, till it moves away," he adds.
 
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