Yesterday: Indian stock market closed in negative. As predicted, Bad budget tumbled the market downside. But hope we all were at safe side as this caution was predicted beforehand and no trading was to be done before the Interim budget announcements. The most affected sector was the banking sector.

Today: The Indian Stock Market is still showing bearish sign and on it global market cues are putting oil in fire. The worse global market cues will also put is effect on Indian stock market as the Global market is down for the day. Market may see some downtrend so it is the time to wait and watch. Market can retest a negative rally.

BSE Sensex: (9305): The support for the Sensex is 9180-9050 and the resistance to the up move is at 9450.

NSE Nifty: (2849) the support for the Nifty is at 2800-2770 and the resistance to the up move is at 2895.

Data to watch: Global market.