Last Trading Session: Exactly as predicted by EquityPandit, that market would open positive and our next target would be 5665, and same happened. Market opened positive and achieved EquityPandit’s predicted levels of 5665 for Nifty but saw profit booking at higher levels.

Today: Market likely to see gap up opening. 5725 would be still a strong resistance level for Nifty. Technically market should shed some weight and see levels near 5570 again. At higher levels market would see profit booking but overall market is positive for investors. Traders should look for support and resistance levels carefully as market is looking for new supports.

BSE Sensex: (18763) The support for the Sensex is 18635-18550 and the resistance to the up move is at 19010.

NSE Nifty: (5627) The support for the Nifty is at 5570 and the resistance to the up move is at 5725.

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