| BSE Sensex | 18132.24 |
| Major Support | 18111 – 18000 – 17786 |
| Major Resistance | 18298 |
| NSE Nifty | 5447.50 |
| Major Support | 5436 – 5400 – 5328 |
| Major Resistance | 5494 |
The markets sold off but continue to remain in narrow trading band moving southwards. With such a formation the markets are expected to sell off further from current levels. Some extraordinary positive development only can take the markets northwards for now. Investors are advised to track the stop losses of the stocks held in individual portfolios. For the Sensex watch resistance @ 18298 and for the Nifty @ 5494 levels. Below these resistances the indices will continue to trade weak. On the lower side the indices have major supports coming in from sentimental levels of 18000 for the Sensex and 5400 for the Nifty. These levels if cracked will see the indices falling straight to test supports @ 17786 and 5328 for the two indices respectively. It is advisable to hold a scrip specific view and concentrate on intraday trades that too like a TIGER…
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