Technically markets is in downtrend and looking weak on chart. On the basis of daily charts and reports, we are witnessing that indices have closed below the crucial support levels of 17,820 / 5,350 which suggests weakness.
For Next Intraday trading session if indices trade below 17,740 / 5,300 levels then they are likely to test 17,600 - 17,380 / 5,250 - 5,200 levels. On the upside, 18,000 - 18,150 / 5,400 - 5,450 levels may act resistance for the day.
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