Yesterday: As predicted, Market opened with a bull gap led by positive global cues and climbed above its major resistance level of 4650 but could not hold that level & closed around 4643.
Today: Indian Stock Market would open flat to negative as we had negative global cues, support seen at 4600 and if market would be able to close above 4600 for Nifty than we could see another rally of 80 points on the nifty. Because of F&O week we would see a lot of volatility in the market.
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BSE Sensex: (15629) The support for the Sensex is 15480 and the resistance to the up move is at 15730-15880.
NSE Nifty: (4643) The support for the Nifty is at 4600 and the resistance to the up move is at 4650-4690.