Last Trading Session: As we said Market opened flat & consolidated through out the day as market is now tired. But still undertone is very strong.

Today: Indian Stock Market would open with big negative gap as global cues were very negative during Friday as our market was shut during that day. So we would see some selling would come in the market. On nifty side 4950 is the important support to be watch out for.

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BSE Sensex: (17135) The support for the Sensex is 16900 and the resistance to the up move is at 17250.

NSE Nifty: (5083) The support for the Nifty is at 5050 and the resistance to the up move is at 5150.

F&O Cues: FII were net sellers of 552cr in index future & net sellers of 271cr in stock future.