Both side movements are possible in Indian stock market for today. The market would react ambiguously because of the terror attack at Mumbai. The time is to wait. Once Sensex crosses the level of 9236, the market would start to show few uptrends.

BSE Sensex: (9093) The support for the Sensex is 8700-8450 and the resistance to the up move is at 9450-9630-10324

NSE Nifty: (2755) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.

Today is the time to watch market and not to make any buy position.

Visit our first part of the series of analysis for the Best stocks to invest in for 2 year horizon – Part 1

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