As we have predicted that the market will move upside on Monday it moved. Today Nifty open at the down trend and carried the bullish trend till the end of the trading session. Today Sensex closed at 18,314.33 with +117.13 up points or 0.64% positive. And the Nifty closed at 5,516.80 with +34.80 positive points or up by 0.63%.
In Nifty technically the market is in a typically sideways zone with 5430 as a strong support zone to work with and 5610 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the Resistance level of 5610 else below the Support level of 5430 it would be down trend.
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