Last Trading Session: As EquityPandit predicted that market looks weaker and can even test 5835 levels for Nifty and the same happened. Market saw sharp downtrend as predicted and saw sharp upmove exactly from our suggested support level of 5835 but finally market breached the support and went down sharply.

Today: Market likely to open flat with positive trend. Technically, Next support for Nifty is 5735 but since market is oversold, a sharp short covering is expected and market may move up sharply. 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: (19224) The support for the Sensex is 19050 and the resistance to the up move is at 19690-20000.

NSE Nifty: (5763) The support for the Nifty is at 5735-5690 and the resistance to the up move is at 5850-6000.

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