Last Trading Session: Indian Stock Market remained volatile with both positive and negative direction. Anyhow it managed to close in positive just near our resistance level.
Today: Technically, Market looks negative now for short term. 5350 would be strong resistance level. Overall Nifty would remain in the range of 4800-5500 for next few months. And as we said earlier, investor should remain invested and should not panic with all these small downtrend and should invest in fundamentally strong companies at cheap rates. Investor should do their own research or take advice of some better advising companies. Traders should take care of all the support and resistance levels.
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BSE Sensex: (17701) The support for the Sensex is 17550 and the resistance to the up move is at 17750.
NSE Nifty: (5313) The support for the Nifty is at 5265 and the resistance to the up move is at 5350.