Last Trading Session: On Friday, market closed in a negative zone even though good IIP no’s so we can say market is all set to be traded in profit booking zone.
Today: Indian Stock Market is expected to open in negative zone with sideways movements so always tough for the traders to take a call as we may see both side movements. So traders should be very cautious.
Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.
BSE Sensex: (15238) The support for the Sensex is 15200-14980 and the resistance to the up move is at 15500.
NSE Nifty: (4583) The support for the Nifty is at 4500 and the resistance to the up move is at 4710.
F&O Cues: FII were net sellers of 231crore in Index Future and buyers of 338 crore in stock futures.