| BSE Sensex | 18394.29 |
| Major Support | 18365 – 18258 |
| Major Resistance | 18505 – 18545 – 18672 |
| NSE Nifty | 5526.85 |
| Major Support | 5514 – 5479 |
| Major Resistance | 5556 – 5570 – 5604 |
The markets closed with a spinning top formation on charts. The last 6 days have seen the markets trade in a narrow range with the opening either being up or down with gap and later reversing the move. The day could be another sideways day within the range. The resistance and support levels need to be closely watched for a breach of the current trend. As per PROFISION charts the trend is expected to change either on the coming Friday or Monday. Till then watch resistance for the Sensex @ 18505 and for the Nifty @ 5556 levels. On the lower side supports come in @ 18365 for the Sensex and 5514 for the Nifty. Charts on individual stocks are suggesting a wait and watch approach for now. Hold a Low Profile…
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