NSE Index: Nifty today managed to cross the level of 5300 and touched the level of 5350. As I said in my previous post that the trend would also be bearish the same was seen today. The market is still intact and Nifty Future can reach upto level of 5400.
The crucial Support on the downside for the Nifty Futures is 5335 and resistance at 5393-5417.
Traders can go for long in Nifty above the level of 5393
BSE Index: (17877) the crucial support on the Sensex on the downside is 17825 and resistance at 18356