QUANTITATIVE ANALYSIS: The 30 scrip sensitive index -Sensex- after see-sawing in green and red , finally ended in the red zone , losing over 50 points and lower than its crucial physiological level of 18500 mark. Similarly, the 50 share index also ended in red and went home with loss of over 15 points. The broader indices too were smashed in trade and ended lower with loss of over 0.25% each. The market breadth on the BSE ended negative; advances and declining stocks were in a ratio of 1231:1561 while 161 scrips remained unchanged. On the other hand, Mindtree surprised the street in a positive way. Also, Hindustan Zinc held investor's attention and gained on reporting good Q1 performance. FAVORED SCENARIO: After having a sharp run from the lows of 5252, exactly to our expectation spot index shown some profit booking around 5750 though we believe momentum still favoring the bull till 5460 wouldn't be breach down with substantial volumes. Therefore for the upcoming week possibility of range bound scenario between 5460-5800 could be more visible at this stage. Any closing above 5800-5810 with substantial volumes may reap indices towards 5960-6000 where traders are advised to create short positions. VARIED SCENARIO: On the flip side any break down below 5460-5470 may further spoils the sentiment and we might see some sharp sell off near to 5300-5330 where suggestive buying opportunities may arise.HAPPY TRADING......