Market might get strong support at 5,816:
``Post the late session selling in trade yesterday led by the loan scam against some public and private financial and real estate companies; the domestic bourses are expected to take a breather in today`s trade. In the NSE Nifty, the critical level for uptrend is 5,880 and above this we may see some confidence coming back to the market. However, momentum can prolong only if it sustain above the first resistance at 5,936. Amidst the rollover volatility, if the index stays above 5,936 it can target the major resistance at 5,977. On the flip side, if Nifty is unable to sustain above critical, it may trigger further downtick towards the first support at 5,836. Lower to this, markets might get strong support at 5,816,`` said the brokerage house JRG Securities.
``In India, The NSE Nifty is expected to start in a narrow range and will try to target 6,022 in the morning. The market is likely to consolidate around this level, wherein if sustain above this level, more positive momentum is expected which may take it towards the major resistance at 6,055. The critical support level for today is at 5,976 below which the sentiment is expected to favour the bears. Lower to this, supports for the day are seen at 5,952 followed by major support at 5,928,`` said the brokerage house JRG Securities.