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Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would remain in consolidated region of 5530-5625 and same happened. Market opened flat and saw support near EquityPandit predicted support levels and rebounded from there. Sensex also closed exactly near EquityPandit’s predicted support levels of 18435. Anyhow market closed in negative region.

Today: Indian Stock Market likely to open negative with gap down today. Now market has again entered into the weaker region, which makes market again lethargic. Since today is F&O Expiry week, huge volatility would be seen. At present no strength is seen in the market and 5610 has emerged as strong resistance for the market, traders are suggested to follow these levels while trading and investors should consider this as an opportunity to invest.

BSE Sensex: (18432) The support for the Sensex is 18225 and the resistance to the up move is at 18650.

NSE Nifty: (5547) The support for the Nifty is at 5530-5465 and the resistance to the up move is at 5610.