Index Levels
BSE Sensex 17587.67
Major Support 17494 – 17325 – 17008
Major Resistance 17772 – 18001
NSE Nifty 5359.55
Major Support 5327 – 5294 – 5171
Major Resistance 5421 – 5458
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The markets are expected to stay calm as market players get ready for the Budget this week. Till the time the lows made on the last Wednesday are broken the market would continue to stay afloat moving up slowly. For the Sensex support should be watched @ 17494 and for the Nifty @ 5327 levels. On the higher side the resistance should be watched @ 17772 for the Sensex and 5421 for the Nifty. At higher levels the markets would face difficulty sustaining. Choppy trade will continue. Hold a scrip specific activity.
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