Last Trading Session: As we predicted, Indian Stock Market opened with a positive gap even though global markets in the red mainly due to short covering before F&O. Indian Stock Market closed positive on Friday.
Today: Indian Stock Market is expected to open positive with around 100+ points and we believe that one should go long as far as nifty holds 4200.
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: (14522) The support for the Sensex is 14188-14000 and the resistance to the up move is at 14727-14894.
NSE Nifty: (4314) the support for the Nifty is at 4200 and the resistance to the up move is at 4406
F&O Cues: FII were net buyers of 423 crore in Index Future and buyers of 220 crore in stock futures.
Stocks to watch out: BHEL, Reliance Industries
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