Last Trading session: As predicted by EquityPandit, Indian stock market opened in negative zone and went down sharply in afternoon due to worries of inflation after food inflation numbers rose to 17.56% and ended in negative region with a big gap. 

Today: Today Indian Stock market would open with a big negative trend with about 200+ points down or even more for sensex. Today the support levels of 16000 for Sensex and 4800 for Nifty is supposed to be breached. As we said yesterday, you should have enough cash in hand. Keep 50% of investment amount as cash in hand so that you can invest at lower levels of Nifty. Our targets of Nifty would remain same. Till then its good time for trading but again a cautious trading. 

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: (16225) The support for the Sensex is 16000-15670 and the resistance to the up move is at 16580.

NSE Nifty: (4845) The support for the Nifty is at 4800-4760 and the resistance to the up move is at 4965-5027.