Yesterday: Market opened flat n went down sharply mainly due to profit booking. Yesterday we have witnessed stock specific action as we said earlier. But the negative point is market closed below 5000 mark which is particularly negative for the market.

Today: Indian Stock Market would open flat to negative as global cues are quite negative. But to see overall structure of the market I would say buy on every dips is the right strategy to use.

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: (17009) The support for the Sensex is 16920 and the resistance to the up move is at 17200.

NSE Nifty: (5064) The support for the Nifty is at 5000 and the resistance to the up move is at 5100.

F&O Cues: FII were net sellers of 747cr in index future & net sellers of 73cr in stock future.