With pessimism all around, there is a contrarian probability of a Short term move on the Upside in the prevailing larger Downtrend. Check this out -
The Larger Trend is Down till closes above 5755 convincingly.
A Short term upmove can unfold if 5300 holds on closing basis. Below 5275 closing the Downtrend reasserts itself.
If a retrace of the move down till now happens, it may Target the 5675-5725 zone.