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Last Trading Session: As we said we would like to stay away from the market as market seems to be tired at these levels so market just crashed like anything and no one has expected such a violated move for the market.

Today: Today Indian stock market would open negative as global market opened with big negative gap. Still I would recommend big buying around level of 4920 n hold for a while.

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: (16855) The support for the Sensex is 16600 and the resistance to the up move is at 17000.

NSE Nifty: (5006) The support for the Nifty is at 4950-4920 and the resistance to the up move is at 5050.

F&O Cues: FII are net sellers of 948cr in Nifty future & net sellers of 60cr in stock future.