Yesterday: As we said Nifty came out with its consolidation phase & as it break 4859 nifty future touches the level of 4900.

Today: Indian Stock Market would open with positive gap as global markets are quite supportive but as we are in the big resistance zone of 4950 I would be caution on the market but technically the target of the market is 5000.

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BSE Sensex: (16454) The support for the Sensex is 15120 and the resistance to the up move is at 16600.

NSE Nifty: (4892) The support for the Nifty is at 4800 and the resistance to the up move is at 4950 

F&O Cues: FII were net buyers of 298 cr in index future & buyers of 635 cr in stock future.