Yesterday: As we predicted, Indian Stock Market went up as it holds level of 14000 but profit booking came at higher level and sensex closed up by 180 points.
Today: We expect flat positive opening and it would be very interesting to see whether nifty would break it’s major resistance at around 4377-4380. If it breaks it decisively than we may see a level of 4400-4450 on the Nifty.
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BSE Sensex: (14296) The support for the sensex is 14000 n resistance on the up move is 14500.
NSE Nifty: (4337) the support for the Nifty is at 4280 and the resistance to the up move is at 4380
Arvind, Lanco Infra, Tata Motors, Voltas, Indian Oil, IVRCL Infra, BOI, Colgate