NIFTY :- Nifty opened flat too negatively after showing range bound situation, made a high of 5055, was not able to cross previous day high, and at the end closed flat too negatively. Because of flat closing there were no changes in support resistance. Now consider resistance at 5100-5170-5200-5230. Down side support at 5025-4911-4880. Close below 5000, do not hold long position.
BSE :- Sensex opened flat too negatively after showing some volatile session in the market. At the end, it closed flat too negatively. Because of flat closing there were no changes in support resistance. Now we may consider support at 16745-16500-16432and resistance at 17000-17211-17314.
