Yesterday: As we said Market opened with big gap down opening due to weak global cues. But interesting thing was Bharti Airtel tank down almost 8% which had very negative impact on the nifty else overall market was not quite as bad as nifty was.

Today: Indian Stock Market would open with flat to positive start as wall street rallied overnight & also Asian markets are also looks good so far nifty manages to closed above physiological mark of 5000 mark but we believe that bear would take that level easily n we may see a level of 4950 sooner or later.   

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BSE Sensex: (16866) The support for the Sensex is 16800 and the resistance to the up move is at 17000.

NSE Nifty: (5003) The support for the Nifty is at 5000 and the resistance to the up move is at 5050.

F&O Cues: FII were net sellers of 682cr in index future & net sellers of 1030cr in stock future.