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Last Trading Session: As we said we would like to stay away from the market n buying on every dip n as market dipped almost 600 points on intraday basis n recover almost 400 points from that low.
Today: Today Indian stock market would open with big bull gap as global markets are now discounting Dubai crisis n trades with good positive gap. We would see script wise movement or say sector wise movements so watch out for stock specific movements.
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: (16632) The support for the Sensex is 16600 and the resistance to the up move is at 17000.
NSE Nifty: (4941) The support for the Nifty is at 4900-4920 and the resistance to the up move is at 5050.
F&O Cues: FII are net sellers of 770cr in Nifty future & net buyers of 165cr in stock future