<b>Pre-mkt:</b> Sensex may target 20K

A gap-up opening is on the cards and if the markets trail Singapore (Hang Seng up 900 points in morning trades), the Sensex is likely to cross the 20,000-mark during the course of the day. The Sensex is expected to open around 19,750-19850 and the Nifty above 5,850.

The Sensex targets after breakout of 20,000 are at 21,225 and above that at 22,590. The Nifty will also break its all time high of 5736, in this case the target will be 6402 and above that 6804. For Monday, If Nifty breaks its all time high of 5736 then it can test 5775 and above that 5810. Downside, it has support at 5650 and below that 5625.