Last Trading Session: Market opened flat to negative due to weak global cues & discounted all good news n closed below important level of 4950.

Today: Indian Stock Market would open flat to a bit negative as of now 4920 is a short term market & if market would closed below that than next target would be 4880 on nifty side. Analysis would remain same. Stay away from Nifty & from FO trade. Be stock specific & buy only from delivery point of view.   

Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

BSE Sensex: (16663) The support for the Sensex is 16500 and the resistance to the up move is at 16800.

NSE Nifty: (4945) The support for the Nifty is at 4920 and the resistance to the up move is at 5000.

F&O Cues: FII were net sellers of 630cr in index future & net sellers of 600cr in stock future.