BSE Sensex | 18495.62 |
Major Support | 18355 – 18258 |
Major Resistance | 18545 – 18554 – 18672 |
NSE Nifty | 5556.15 |
Major Support | 5509 – 5479 |
Major Resistance | 5570 – 5604 |
The markets opened with a gap down opening and moved up to close in the green. The movement was slow and steady throughout the day. As the indices head northwards they would face resistance @ 18545 for the Sensex and 5570 for the Nifty. These levels could bring in high levels of choppiness and caution in the markets. On the lower side supports come in @ 18355 for the Sensex and 5509 for the Nifty. Scrips are not showing any strong patterns as of now. The next triggers for the markets on the domestic front could be the first quarter earning numbers which still are one month away. This month expect the markets to trade more or less at the current levels. Hold a Low Profile…
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