Yesterday: As we predicted, Indian Stock Market opened with a positive gap but corrected sharply in the afternoon session led by reliance & ONGC and closed down almost 200 pts.
Today: Indian Stock Market is expected to open in a wide negative zone almost 50-60 points down on the Nifty. But we feel that one should start buying now for a time frame of one month and we are sure that we will get excellent return on our investment so start shopping now, do not wait for the market to move up even though market reaches below 14000 mark, as now onwards all the levels are support zone for the market.
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: (14326) The support for the Sensex is 14000 and the resistance to the up move is at 14500.
NSE Nifty: (4235) the support for the Nifty is at 4150 and the resistance to the up move is at 4406.
F&O Cues: FII were net buyers of 198 crore in Index Future and buyers of 270 crore in stock futures.