Yesterday: As predicted by us, Indian Stock Market was positively biased. Market ended with positive node.
Today: Indian Stock Market is still positively biased. One can see some opportunity for intraday. Nifty managed to close above 3050, which is the positive sign for Market but if Sensex goes below 9500 than a sharp fall may be seen in Indian Stock Market. So trade cautiously.
BSE Sensex: (9902) The support for the Sensex is 9500 and the resistance to the up move is at 10050-10200
NSE Nifty: (3060) The support for the Nifty is at 2950 and the resistance to the up move is at 3110.
Data to watch: Inflation, Global Market cues.