Nifty future is unable to break its support of 5500 & gave a sharp up move to 5545, which is a very good sign for the day relief,
But for the long run it is very important for Nifty fut to give closing above 5575 mark.
Some heavy weights are supporting nifty even though market is trading in negative pattern,
Hdfcbank & sbi are best movers............
We are expecting L&T & Bhel will show sharp up move in coming days or may be even in intraday,
the most important part to notice about today's trade is, RELIANCE which is 7 rs up in -50 sensex, this is a good sign for sharp recovery.
MOST IMPORTANT: remember our market can drag down if Auto & I.T. Will not Support