Yesterday: Indian Stock Market remained in consolidation phase yesterday. Market opened up sharply lower and later during the session, it recover from that low and closed above 11850.
Today: Indian Stock Market will open with a positive note due to positive global cues we may see sensex touching 12000 mark and may go beyond that mark. But 12200 is an imported level for sensex and if sensex stayed above that level, we may see an up move target of 12500. Tomorrow result will be announced so today we may see a side ways movements rather a one side up or down movements.
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BSE Sensex: (11873) The support for the Sensex is 11500 and the resistance to the up move is at 12000-12200-12500.
NSE Nifty: (3593) the support for the Nifty is at 3550 and the resistance to the up move is at 3800-3650.