Last Trading Session: As predicted by us that market would see sharp downtrend, Market has gone in red. It had some support at 5120 but then it broke that support levels also.

Today: Indian stock market still looks negative. Next support levels would exist at 5030. No signs of strength have been seen yet. Any uptrend would have equal and opposite reaction.

ANOTHER GOOD NEWS TO ALL OUR SUBSCRIBERS:

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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: (16988) The support for the Sensex is 16850 and the resistance to the up move is at 17275.

NSE Nifty: (5091) The support for the Nifty is at 5030 and the resistance to the up move is at 5160-5200.