Last Trading Session: Exactly as predicted by EquityPandit, that market would open positive and would be volatile for the day but overall market would be positive and same happened. Market opened positive and went down but saw sharp short covering and managed to close in green.

Today: Market likely to open positive. 5570 would be still a strong resistance level for Nifty. Market is now heading towards F&O Expiry week, so huge volatility is expected. Traders can go long until 5500 holds, but take a watch on 5570 levels. Investors should remain invested.

BSE Sensex: (18492) The support for the Sensex is 18300 and the resistance to the up move is at 18560-18850.

NSE Nifty: (5545) The support for the Nifty is at 5500 and the resistance to the up move is at 5570-5607-5665.

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