The Sensex has supports at 18,790 and 18,680 and resistances at 18,960 and 19,050. The Nifty spot has supports at 5,670 and 5,640 and resistances at 5,720 and 5,755.
The Nifty had a positive day which I would treat as a day of consolidation. The up move is still intact and we are at a point where we could see a further rally of 100 to 150 points in the run up to the results season, One can have a stop loss at 5,675 and go long for immediate targets of 5,780-5,800.
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