Today Sensex closed 18,086.20 with -51.15 negative points or -0.28% down. Nifty gone flat whole the day.
Today it close at 5,420.60 without any positive or negetive point.
On the other hand Nifty Futures, it closed at 5,423.00 with the -24.40 negative points or -0.45% down.
Technically the market is in a typically sideways zone with 5400 as a strong support zone to work with and 5535 as a strong resistance zone to work with, the market unfolded as expected and has closed right on dot 5440. now we are at Make or Break level and if it cracks now then next stop around 5400 or could just bounce back.
It is looking bearish in the coming trading session if it manages to trade below the support level of 5400 else above resistance level of 5540 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5540 & above this level the next resistance is seen near the 5625 mark.
SUPPORT: It has first support close to the level of 5400 & below this level the next support is seen near 5310 mark.
It is looking bearish in the coming trading session if it manages to trade below the support level of 5400 else above resistance level of 5540 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5540 & above this level the next resistance is seen near the 5625 mark.
SUPPORT: It has first support close to the level of 5400 & below this level the next support is seen near 5310 mark.
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