Last Trading Session: Exactly as predicted by EquityPandit, that Market would open positive and would see some correction and same happened. Nifty exactly saw support at 5375 and moved up from there hence closing in positive gap.

Today: Market likely to open flat with negative bias. Now we can expect some further correction, Nifty may see some resistance at 5507 levels and support at 5375 levels. 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: (17988) The support for the Sensex is 17870-17740 and the resistance to the up move is at 18150.

NSE Nifty: (5414) The support for the Nifty is at 5375-5320 and the resistance to the up move is at 5507.