Index Levels
BSE Sensex 17273.37
Major Support 17226 – 17008
Major Resistance 17402 – 17531
NSE Nifty 5257.05
Major Support 5238 – 5171
Major Resistance 5297 – 5337
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The markets continued to drift downwards throughout the day. the action remained dull and today is expected to remain the same with sideways and choppy activity. For the Sensex watch resistance @ 17402 and for the Nifty @ 5297 levels. Below these levels the markets would trade weak and the would try and test supports @ 17226 – 17008 for the Sensex and 5238 – 5171 for the Nifty. Hold a low profile with no stocks showing any patterns on day end closing basis. For intraday wait for good picks in Intraday Action Viewer.
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