Yesterday: As we said, Indian stock market is opened in a big negative zone and recovered sharply mainly due to short covering.
Today: Indian Stock Market is expected to open flat and should trade in a positive zone till it holds 4150. But one should be very cautions right as now monsoon can be a big obstacle for the market and weak market would crack for another 5-8% but till that keep your finger crossed and let us see whether nifty can hold a level of 4150.
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: (14324) The support for the Sensex is 14000 and the resistance to the up move is at 14500.
NSE Nifty: (4247) the support for the Nifty is at 4150 and the resistance to the up move is at 4406.
F&O Cues: FII were net sellers of 439 crore in Index Future and sellers of 158 crore in stock futures.
ONGC, Bharat Ele., JSL, Sun TV, Ansal Infra, Gateway Dist.