Index Levels
BSE Sensex : 17993.33
Major Support : 17791 – 17469
Major Resistance : 18131 – 18269
NSE Nifty : 5386.55
Major Support : 5373 – 5348–5232
Major Resistance : 5421–5456
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The indices continued to sell off. The overall markets and especially the index heavyweights were gripped by bears as they witnessed negative trades. The weakness is expected to deepen further due to lack of triggers on the domestic as well as international front. Though we may not have positive triggers even if the negative triggers stop flowing in would be of great help to the markets. As of levels for the Sensex watch support @ 17791 and for the Nifty @ 5373 levels. On the higher side resistance comes in @ 18131 for the Sensex and 5421 for the Nifty. Investors should hold a low profile. Its time to wait and watch. For traders make use of the Traders Assist inside Profision Pro to get a quick trade in the morning itself. Once the trade is closed shutdown your machine and get back to your work. An apple a day keeps the doctor away but do many apples a day keep the doctor always away. Intraday trading is same like this – one profitable trade can make you happy but try doing many trades and you will end up being a looser. Speculators help Disciplined Traders Win!!!
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