Yesterday: Market opened in a positive zone n maintain it’s march with positive note in the first half of the session. But second half came with a surprise when indices went down sharply n closed down by 2.5% from it’s day high eventhough Europe market opened with positive note.

Today: Indian Stock Market would open negative as global markets opened in the red 4548 is a strong support to be deal with but we believe that every dip is a buying opportunity on every good support on the nifty but in the month of august we witnessed huge volatility, the same can not be ruled out for this month also we would see tough days ahead for the traders as fight between bull & bear would create huge volatility in the market in the days to come.For bull the target for september expiry is 5000 & for bear it is 4255.

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BSE Sensex: (15551) The support for the Sensex is 15480-15350 and the resistance to the up move is at 15730-15880.

NSE Nifty: (4625) The support for the Nifty is at 4600-4548 and the resistance to the up move is at 4650-4690. 

F&O Cues: FII were net buyers of 823 cr in index future & net sellers of 89 cr in stock future.