Last Trading Session: Market remained volatile and closed below our resistance of 5200 for Nifty.

Today: Indian Stock Market would be rangebound between 5150 and 5280 for Nifty. Breaking the level of 5120 for Nifty, next short term target would be 5030. Be cautious while trading as any time market can see sharp trends.

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BSE Sensex: (17137) The support for the Sensex is 17100 and the resistance to the up move is at 17380.

NSE Nifty: (5149) The support for the Nifty is at 5120-5030 and the resistance to the up move is at 5200-5280.