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Share Market Review:-
Today again the Indian stock market was not able to recover, as a result of this markets came under heavy selling pressure and both benchmark indices losses more than 1.75% in today's session. Weakness in all the sectors seen today, IT, realty, auto, capital goods and consumer durables were the worst performers of today's trading session. The Sensex closed at 18412 which was down 310 points from its previous close. The CNX Midcap index was down 1.2% and the BSE Smallcap index lost 1%. The FTSE is down by 92 points, CAC index is down by 90 points and DAX index is down by 151 points. Today's Top Gainers were Hindustan Unilever L with +.29%, ONGC with +.23%, Dr. Reddy's Labs with +.20%, Axis Bank Ltd. with +.19%, Power Grid Corporation with +.19%. Top Loosers were Infosys with -4.44%, DLF Ltd. with -3.90%, Mahindra & Mahindra with -3.22%, Jindal Steel & Power with -3.18%, Reliance Infrastructure with -3.04%

Nifty Futures:-
S&P CNX Nifty gave gap down open at 5556 and continued it's down trend heavy selling pressure was seen in today's session which made Nifty touch intraday low of 5497. Markets ended in the red owing to significant weakness in IT stocks. The S&P CNX Nifty finally closed at 5526.15 and down by -89.95 points or -1.60 %.
The Nifty futures shut stop at 5539.95 which was down by -77.10 points or -1.37 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5600 or below the support level of 5490 it would be in a downward trend.
Resistance and Support Levels for Wednesday:-
It has resistance close to the level of 5600 & above this level the next resistance is near the 5660 mark. It has support close to the level of 5490 & below this level the next support is near the 5330 mark.

Bank Nifty Futures:-
Bank Nifty also continued it's down trend today, CNX Bank Index lost -112.95 points or -1.01 % and finally closed at 11022.55 . Indus Bank, Indian Bank and yes Bank were the today's top gainers.
Bank Nifty Futures finally settled and closed at 11058.80 which was -81.40 below its previous close. In the coming trading sessions if it would be able to manage to trade above 11110, it may see some upside momentum or below the support level of 10975 it would be in a downward trend.
Resistance and Support Levels for Tuesday:-
It has resistance close to the level of 11110 above this level the next resistance is near to the level of 11200. It has support close to the level of 10975 & below this level the next support is near to 10810 marks.





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