It was a flat closing in Indian Stock Market, as market traded in negative bias initially and moved up by the end of day. Currently market is moving in a sideways zone. But as overall trend is still down, so the traders and investors are suggested to stay away from the market and do not create any long positions till the trend remains down.
For Intraday trading tomorrow trend deciding level is at 18,575 / 5,560. If indices trade convincingly above this levels then they are likely to test 18,700 - 18,825 / 5,600 - 5,650 levels. However on the downside it may come to 18,400 - 18,270 / 5,510 - 5,460.
For Intraday trading tomorrow trend deciding level is at 18,575 / 5,560. If indices trade convincingly above this levels then they are likely to test 18,700 - 18,825 / 5,600 - 5,650 levels. However on the downside it may come to 18,400 - 18,270 / 5,510 - 5,460.
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