| BSE Sensex | 18436.19 |
| Major Support | 18415 – 18326 |
| Major Resistance | 18566 – 18629 – 18765 |
| NSE Nifty | 5541.60 |
| Major Support | 5532 – 5496 |
| Major Resistance | 5578 – 5604 – 5642 |
The indices continued to trade sideways and dull. Weakness was clearly seen as the prices closed lower. On day end closing basis the indices formed spinning tops on candlestick patterns suggesting a cautious and indecisive mood on part of market players. Scrip specific movement continued with the main trigger being the numbers. Petronet which announced numbers day before yesterday saw some good interest in the counter. Though the numbers may make the indices take a breather players will witness scrip specific action. This should prove to be a good opportunity for the players in the current times. As of levels the Sensex has a support @ 18415 and the Nifty has it @ 5532 levels. On the higher side resistance comes in @ 18566 for the Sensex and 5578 for the Nifty. Watch these levels closely as when they are breached the indices may find themselves moving in that direction. Hold a scrip specific view…
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