Yesterday: Exactly as predicted by EquityPandit.com, Indian Stock Market opened with some downtrend and cracked sharply. But again saw some positive curves in the second half as we said that market would be range bound. IIP numbers of June declared yesterday were also a big surprise.
Today: Indian Stock Market may see some upwards movement today due to positive global cues. Today is important day for market, as it is standing near to its resistance of 15251 for sensex and if anyhow market breached these levels than some uptrend can come into picture for a day or two. But overall market is weak and range bound.
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BSE Sensex: (15020 ) The support for the Sensex is 14800 and the resistance to the up move is at 15251-15500.
NSE Nifty: (4458 ) The support for the Nifty is at 4400-4385 and the resistance to the up move is at 4450.