BSE Sensex: (8197) market open on a positive note & went down sharply led by bank stocks & RIL & finally nifty broke its major support level of 2650-2600

Today market will have a gap down opening of around 80-100 points on the sensex & 25-30 points on nifty. It would be very interesting to see whether nifty would break its final major support of 2550-2500.If it so than nifty will reach around 2200 mark quickly.

The support for the Sensex is 8000-7930 and the resistance to the up move is at 8300-8500
Nifty: (2576) the support for the Nifty is at 2550-2500 and the resistance to the up move is at 2600-2700