Benchmark share indices ended lower for the fifth straight day, amid a volatile trading session, on persistent selling by foreign funds with index heavyweight Reliance Industries leading the fall. The Sensex after staging a gradual recovery in noon trades slipped sharply to a low of 15,135.86. The index finally ended down 204.26 points or 1.33% at 15,175.08. Nifty ended down -68.90 points at 4,544.20.

Nifty Futures shut stop at 4566.80 down by -69.35 points or -1.50 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4530 else above resistance level of 4640 it would be in an upward trend.

Nifty Resistance - 4640, 4850

Nifty Support - 4530, 4320

Today the stock has shown consolidated movement with the sideways trend managing to take immediate support at the level of 375 and facing immediate resistance at the level of 384, above which the stock may show positive biasness. One may wait for a while before entering into any position until it crosses

either of the levels.

R - 383

S - 375

The stock is all in its bearish trend, where today also it has given a downfall with a huge loss after breaching the support level of 1878. The stock is having next support at the level of 1768. In the upcoming session one can expect the stock to show a short recovery or it may even move further down if it all manages to trade with the negative biasness.

R - 1865

S - 1768