Index Levels
BSE Sensex 16877.06
Major Support 16781 – 16691 – 16670
Major Resistance 17003 – 17081
NSE Nifty 5062.60
Major Support 5032 – 5002 – 4995
Major Resistance 5099 – 5158
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The markets traded indecisive and closed with a spinning top formation on candlestick charts. To start off the markets started strong but as the European markets failed to show strength our markets too gave some of the gains from the highs of yesterday. For today the markets would remain cautious before the crucial Euro zone meet coming up tomorrow. Dull activity to continue for today and tomorrow. As of levels watch support for the Sensex @ 16781 and for the Nifty @ 5032 levels. On the higher side resistance should be watched @ 17003 for the Sensex and 5099 for the Nifty. Hold a low profile…
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