Last Trading session: Indian stock market opened positive on the back of the positive global cues but as we said one should short around level of 4905 as market was clearly in the down side closed below 4900.

Today: Today Indian Stock market would open with gap down opening on the back of bad global cues. Today RBI would declared its credit policy so all the eyes are now on RBI announcement. Now 4830 would be important level to be watch out for below which the target would be 4770.   

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: (16307) The support for the Sensex is 16000 and the resistance to the up move is at 16500.

NSE Nifty: (4867) The support for the Nifty is at 4800 and the resistance to the up move is at 4903.

F&O Cues: FII were net buyers of 1590cr in index future & buyers of 1089cr in stock future.