After getting a good flow of the market in last week market has continuously going to up side today and given result in green points, today Sensex closed at 18,814.48 with +51.68 up points or 0.28% up. And the Nifty closed at 5,650.50 with +23.30 up points or up by 0.41%.
On the other side in the Derivatives Nifty Futures: it closed with 0.48% positive points and settle at 5,665.60 up by +27.20. So over all market was bullish today and it may start with a positive manner in next trading session.
In Nifty technically the market is in a typically sideways zone with 5540 as a strong support zone to work with and 5750 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the Resistance level of 5750 else below the Support level of 5540 it would be down trend.
RESISTANCE: It has first resistance close to the level of 5750 & above this level the next resistance is seen near the 5840 mark.
SUPPORT: It has first support close to the level of 5540 & below this level the next support is seen near 5460 mark.
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