| BSE Sensex | 18618.20 |
| Major Support | 18449 – 18326 |
| Major Resistance | 18803 – 18843 – 18971 |
| NSE Nifty | 5599.80 |
| Major Support | 5541 – 5496 |
| Major Resistance | 5653 – 5697 |
The markets started off flat and managed to rally throughout the day with a big thumbs up. The last one hour was full of action as the indices cracked and sold off approximately 1.5% from the intraday highs. On the day end closing basis the indices have formed a spinning top formation which is an indecisive pattern and therefore for the trading today one needs to watch the highs and lows created yesterday as important levels. Resistance will be faced at all higher levels as the indices try to rally. More of less the indices are expected to trade at current levels as the quarterly earnings numbers keep coming out. For the Sensex watch support @ 18449 and for the Nifty @ 5541 levels. On the higher side Sensex has a resistance @ 18803 and the Nifty has it @ 5653 levels. These levels need to be closely watched as trend decider levels for the day today. Hold a scrip specific view….
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