Last Trading Session: Exactly As predicted by EquityPandit, that there is much possibility for the market to see sharp short covering and same happened. Market moved up sharply in last hour of trading session and ended just near our resistance levels.

Today: Market likely to open positive. There is possibility of market to see further upmoves till 5475-5500 for Nifty. Investors should remain invested and enjoy profits and traders can go long until 5370 holds for Nifty.

BSE Sensex: (18045) The support for the Sensex is 17850 and the resistance to the up move is at 18250-18550-18700.

NSE Nifty: (5412) The support for the Nifty is at 5350 and the resistance to the up move is at 5475-5500.

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