Index Levels
BSE Sensex - 17846.86
Major Support - 17800 – 17705 – 17622
Major Resistance - 17912 – 18040 – 18303 – 18523
NSE Nifty - 5412.85
Major Support - 5394 – 5368 – 5341
Major Resistance - 5433 – 5499 – 5561 – 5629
View
The markets continued the bullish mood yesterday to start the day but failed to sustain the highs. For today again with lack of cues the markets should consolidate. Watch support @ 17800 for the Sensex and 5394 for the Nifty. If the markets stay above these levels then they would continue to hold. On the higher levels resistance exists @ 17912 – 18040 for the Sensex and 5433 – 5499 for the Nifty. Investors should hold a scrip specific view. Traders should wait for the right opportunity. Happy Investing & Happy Educating!
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