Yesterday: Exactly as predicted by EquityPandit.com, Indian Stock Market opened with the gap up. We already said yesterday that if market managed breach the resistance of 15250 than market would move up sharply and same happened. Market forgot all the monsoon worries and closed above 15500 for sensex.

Today: Indian Stock Market would open gap up. Market has already breached its second resistance of 15500 and managed to close above that level. Good day for trading but it should be done very cautiously.

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BSE Sensex: (15518 ) The support for the Sensex is 15250 and the resistance to the up move is at 15730-15880.

NSE Nifty: (4605 ) The support for the Nifty is at 4550 and the resistance to the up move is at  4650-4690.