Yesterday: Nifty opened flat n consolidating throughout the day and in the second half it corrected sharply n closed below 5000 mark.

Today: Indian Stock Market would open with negative note as global cues are very much on the negative side. Important thing is one should not be short in the market as this market is now in the bull run also yesterday what we have seen is just a profit booking not a shorting so the correct strategy is booked profit at correct level n sit a side wait for the correction & than start buying at correct level.  

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: (16741) The support for the Sensex is 16500 and the resistance to the up move is at 17000.

NSE Nifty: (4976) The support for the Nifty is at 4900 and the resistance to the up move is at 5100 

F&O Cues: FII were net sellers of 527 cr in index future & sellers of 730 cr in stock future.