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Cover News -

The markets traded choppy as they continued to move up. At current levels the volatility is expected to remain high as the move in the indices looks stretched. Yesterday the indices have made indecisive patterns. Therefore today we need to watch the high and low levels of yesterday as trend deciders for the day. Watch 17308 as a support for the Sensex and 5225 for the Nifty. On the higher side watch 17504 as a resistance for the Sensex and 5289 for the Nifty. The markets are expected to remain quiet for the day. A cautious trade is expected. Hold a scrip specific approach.