Yesterday: Indian Stock Market opened and closed as predicted in negative.

Today : The today’s trading session trend of Indian stock market will decide the future trends. If the market closes negative today, then some down trends would be seen for few upcoming days. And if the market closes in positive today then some uptrend would be seen in upcoming days. Today is the time to just wait and watch the market movement.

BSE Sensex: (9100) The support for the Sensex is 8940 and the resistance to the up move is at 9550-9700.

NSE Nifty: (2797) the support for the Nifty is at 2700 and the resistance to the up move is at 2875-2920.

Today’s Pick:

– Buy RIL when market is down.

Important Data to watch: Global market, Third quarterly results of HDFC and BHEL.

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