Last Trading Session: As predicted by EquityPandit that market would open negative and market is positive but would see selling pressure and same happened. Market closed negative for the day.

Today: Market likely to open down by atleast 70 points for Nifty and 200 points for Sensex. As predicted that if market closes negative for the day than market may fall further in days to come. So we can expect negative trends until market see some sharp short covering as short covering can be seen anytime as per technicals. Market created a new resistance at 5650 levels for Nifty. Investors should consider any down trends as an opportunity to buy and invest for good profits in short term.

BSE Sensex: (18721) The support for the Sensex is 18440 and the resistance to the up move is at 19010.

NSE Nifty: (5616) The support for the Nifty is at 5570 and the resistance to the up move is at 5650.

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