Market is closed today due to terror attack in Mumbai.
As we predicted yesterday, market showed surprises for the whole day with positive and negative sharp cuts and buying in commodity stocks was seen yesterday. Sensex managed to take the support of 8700 level and closed positive for the day.
The next trading day, Indian Stock Market would likely to be volatile with positive bias.
BSE Sensex: (9026): The support for the Sensex is 8700-8450 and the resistance to the up move is at 9450-9630-10324.
NSE Nifty: (2752) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.
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