Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and is currently in reaction mode and can see some downside and same happened. Market opened flat but closed with negative trends.

Today: Market likely to open flat. 5700-5725 would be strong resistance level for Nifty. Market is in consolidated region and is not showing any strength yet. Technically market is still in reaction mode and can see levels near 5570 again. At higher levels market would see profit booking but overall market is positive for investors. Traders should look for support and resistance levels carefully as market is looking for new supports.

BSE Sensex: (18727) The support for the Sensex is 18635-18550 and the resistance to the up move is at 19010.

NSE Nifty: (5625) The support for the Nifty is at 5570 and the resistance to the up move is at 5700-5725.

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