Last Trading Session: As said by EquityPandit, that until and unless market sustain below 5450 or above 5655, no direction can be predicted and market would see opposite direction daily and same happened. Market moved in positive direction after last trading session downfall.

Today: Market likely to open gap down on fears of slowdown in Japan. Short term investor can exit some part of their portfolio and can buy again at lower levels. But if market able to close above 5655 levels for Nifty, we would see uptrends in days to come. Overall market is dubious and looks weak but buying is seen as lower region, which is a strong point. Market may again trouble traders with volatility. All traders at stock market are just waiting for the right time for last 1 month. If any traders earn in this market than it is just a matter of luck as market is not following any technicals. So EquityPandit suggest to trade in very small quantity or to watch market at this moment to become stable. 5655 has been strong resistance. Market needs to breach 5655 for Nifty to become stable and see upward direction. It would be better to trade in small quantity until 5655 breaches. 5400 would be strong support to deal with. 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: (18439) The support for the Sensex is 18300-18000 and the resistance to the up move is at 18600-18800-18875.

NSE Nifty: (5531) The support for the Nifty is at 5450-5400 and the resistance to the up move is at 5570-5655.