Yesterday: As we predicted, market opened with a negative gap. In the second half trading session market went further down in next resistance support level.

Today: Today again Indian stock market would open with flat to positive. Market is having a good support at 4980 and 4950. Market may either, retreat from 4980 and see some good uptrend or it would move in the region of 4950-4980. For Investors, Market looks good in short term – medium term, some downside may be seen in very short term but you should invest at every dip and take it as opportunity.

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: (16720) The support for the Sensex is 16600-16660 and the resistance to the up move is at 17050.

NSE Nifty: (4988) The support for the Nifty is at 4980-4950 and the resistance to the up move is at 5050-5100-5183.

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