Index Levels
BSE Sensex 17569.53
Major Support 17455 – 17278
Major Resistance 17632 – 17813 – 17908
NSE Nifty 5289.35
Major Support 5252 – 5201
Major Resistance 5304 – 5360 – 5399
View
The markets traded indecisive and dull. The closing on the day end charts was a spinning top on candlestick formations. With this formation the importance of the high and the low made today by the indices will be witnessed in the trading tomorrow. For the day watch support for the Sensex @ 17455 and for the Nifty @ 5252 levels. On the higher side watch resistance @ 17632 and 5304 for the Sensex and the Nifty respectively. The markets are expected to wait for cues coming in from the world markets and till such a time that some strong triggers come in we would witness the markets moving sideways. Hold a low profile…
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