Last Trading Session: Exactly As predicted by EquityPandit, that market will see short covering as it is oversold and same happened. Market ended in green on Friday.

Today: Market likely to open negative. Market is now in F&O expiry week so huge volatility would be seen. Market likely to see upmove in days to come. As predicted earlier, its good time for investors to enter into the market as most of the fundamentally good stocks is available at discounts. Traders can go long until 5420 holds.

BSE Sensex: (18326) The support for the Sensex is 18150 and the resistance to the up move is at 18550-18700.

NSE Nifty: (5486) The support for the Nifty is at 5400 and the resistance to the up move is at 5610.