Last Trading Session: Yesterday as we said Indian Stock Market opened in a negative zone and consolidated around our resistance level of 4610 initially. Then Market went down sharply in the afternoon session .We have witnessed huge shorting in F&O side.

Today: Indian Stock Market is expected to open flat with negative bias. We may see some short covering in F&O side but technically market looks down until it crosses our resistance level of 4610 on nifty.

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BSE Sensex: (14666) The support for the Sensex is 14540-14400 and the resistance to the up move is at 15000.

NSE Nifty: (4430) the support for the Nifty is at 4390-4200 and the resistance to the up move is at 4610.

F&O Cues: FII were net sellers of 731 crore in Index Future and seller of 450 crore in stock futures.