Last Trading Session: Exactly as predicted by EquityPandit, that market would open gap down for more than 80-100 points for Nifty and would remain weak throughout the day but buying would be seen at lower region and same happened. Market opened gap down, some short covering was seen at lower region but market closed in red..

Today: Market likely to see flat to negative opening but recovery can be seen at lower regions. Analysis would remain same as yesterday. Market has still not overcome the Japan slowdown. Overall market is dubious and looks weak but buying is seen as lower region, which is a strong point. Market may again trouble traders with volatility. All traders at stock market are just waiting for the right time for last 1 month. If any traders earn in this market than it is just a matter of luck as market is not following any technicals. So EquityPandit suggest to trade in very small quantity or to watch market at this moment to become stable. 5655 has been strong resistance. Market needs to breach 5655 for Nifty to become stable and see upward direction. It would be better to trade in small quantity until 5655 breaches. 5320 would be strong support to deal with. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.

BSE Sensex: (18168) The support for the Sensex is 18000-17800 and the resistance to the up move is at 18500-18750.

NSE Nifty: (5449) The support for the Nifty is at 5375-5320 and the resistance to the up move is at 5530-5570-5655.