Today: Indian stock market may react positive due to reliance-rnrl news but every upmove will be trapped by selling pressure. Obama is ready with another bailout package, which can again give small bounce to the market. Overall market trend is still negative, so book your profit at every uptrend in the market.

BSE Sensex: (9424) The support for the Sensex is 8300-9150 and the resistance to the up move is at 9600.

NSE Nifty: (2875) The support for the Nifty is at 2800 and the resistance to the up move is at 2900.

Today’s pick: Buy chambal Fert.

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