Yesterday: Again boring day for the traders as sensex again not showing any direction for the fifth straight session. Even though we had a weak Asian cues & also Europe opened in red but still our market has not shown any downside movements & still manage to close above 4800.  

Today: Indian Stock Market would open flat to positive as Dow Jones closed positive also Asian markets are very much flat to positive but now we feel that Nifty should break it’s consolidation phase to break down stage on either side where 4730 is a make or break support for the market on the down side & 4859 is a upside break out for the market.

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: (16214) The support for the Sensex is 16000 and the resistance to the up move is at 16404

NSE Nifty: (4809) The support for the Nifty is at 4800-4780 and the resistance to the up move is at 4855

F&O Cues: FII were net sellers of 351cr in index future & net sellers of 7cr in stock futures.