Yesterday: As predicted market was down yesterday and during the later session it trapped all the shorts by showing sharp up trend.
Today: Indian Stock Market may open up. Still market is trapping all trades which results in breaching of stoplosses. Market has no direction and is been operated just by operators at this point. We would suggest staying away from trading for a day or two. One should trade in very small quantities and small targets.
Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.
BSE Sensex: (14809) The support for the Sensex is 14730-14500 and the resistance to the up move is at 15045.
NSE Nifty: (4394) The support for the Nifty is at 4325 and the resistance to the up move is at 4450.