Yesterday: As we said Nifty opened with a good positive note but as it reaches to its psychological resistance level of 5000 it came under pressure but still it manages to close above 4958.
Today: Indian Stock Market would open with flat to negative gap as global markets are quite. As a trader I would be very caution as F&O expiry week is very near so try to avoid big trading do it in small qty only
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: (16711) The support for the Sensex is 16500 and the resistance to the up move is at 17000.
NSE Nifty: (4966) The support for the Nifty is at 4800 and the resistance to the up move is at 5014
F&O Cues: FII were net sellers of 471 cr in index future & sellers of 617 cr in stock future.