Yesterday: As we said Indian stock Market would move up only if breaches resistance of 15000 for sensex but market again failed to cross its resistance level near 15000 for sensex and it corrected sharply. Market closed below support level of 4300 for Nifty.
Today: Indian Stock Market is expected to open flat to positive but still we believe that market will be up till budget so 4250 is a crucial support to be watch out for.
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BSE Sensex: (14494) The support for the Sensex is 14200 and the resistance to the up move is at 14890.
NSE Nifty: (4291) the support for the Nifty is at 4210-4250 and the resistance to the up move is at 4350.
F&O Cues: FII were net sellers of 583 crore in Index Future and seller of 303 crore in stock futures.