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The Sensex ended flat with a negative bias, amid a volatile trading session on Wednesday, with index heavyweight Reliance Industries leading the decline.The Bombay Stock Exchange’s 30-share Sensex closed at 17,145.52 down -27.77 points. The National Stock Exchange’s 50-share S&P CNX Nifty provisionally closed unchanged at 5220.45.
Nifty Futures shut stop at 5257 up by 6.60 points or 0.13 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5200 else above resistance level of 5280 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5280 & above this level the next resistance is seen near the 5440 mark.
SUPPORT: It has first support close to the level of 5200 & below this level the next support is seen near 5100 mark.