Yesterday: Indian Stock Market opened flat and went down sharply in the afternoon session led by commodity stocks. But again recover closed well above it’s crucial support of 4650.
Today: Indian Stock Market is expected to open flat to positive due to quite global cues. Yesterday was a day of Profit booking but yet we have not observed any shorts in the market so still market is in the uptrend only n again 4650 is a crucial support to be watch out for.
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BSE Sensex: (15830) The support for the Sensex is 15500 and the resistance to the up move is at 16060.
NSE Nifty: (4680) The support for the Nifty is at 4650 and the resistance to the up move is at 4750-4777.
F&O Cues: FII were net sellers of 427 crore in Index Future and buyers of 63 crore in stock futures.