Last Trading Session: Market opened flat and consolidated throughout the day as global cues are not supportive also Europe opened with green but our market failed to cross it’s major resistance of 4850.

Today: Indian Stock Market would open quite negative as Asian markets opened in deep red. But again big dip comes with big opportunities so keep buying at all good support. On Nifty side 4777 is a major support which can change the market direction on either side.

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BSE Sensex: (16217) The support for the Sensex is 15850 and the resistance to the up move is at 16400.

NSE Nifty: (4819) The support for the Nifty is at 4777 and the resistance to the up move is at 4903 

F&O Cues: FII were net buyers of 115 cr in index future & sellers of 111 cr in stock future.