Last Trading Session: As EquityPandit predicted that market can see 5400 levels for nifty on Tuesday and same happened. Market saw sharp downside exactly as predicted by EquityPandit and went near our support of 5400 for Nifty. Finally market closed gap down.

Today: Market likely to open gap up. Technically, market still looks weak and may witness level of 5350 for Nifty within few days. But since market is oversold, reaction can be seen anytime and market can move up sharply. So it is good time for accumulation of fundamentally good stocks. Traders are advised to trade in small quantity. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.  

BSE Sensex: (18022) The support for the Sensex is 17925-17800-17650 and the resistance to the up move is at 18325.

NSE Nifty: (5417) The support for the Nifty is at 5350 and the resistance to the up move is at 5500-5550.

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