Today market indicates start in the red. Sensex is trading at 16364, down 55 points from its previous close, and Nifty is at 4943, down 22 points. Today Nifty is expected to breach 4,900 levels.It has been a steady downwards trend for the Nifty. The Nifty is likely to seek support around 4,930-4,910, while it can face resistance around 5,000-5,020.Today Bank Nifty is trading at Rs 9360.8, down by 50.1 points or -0.53%. Bank Nifty is seek to support approx 9200-9220 and it can face Resistance around 9450-9460.
