Last Trading session: Indian stock market opened with big gap down opening as expected n continues to move down its journey towards south wards with highest ever turnover n closed below important level of 4900.
Today: Today Indian Stock market would open with gap up opening on the back of short covering and good global cues. I would be short again at a level of 4905 with a stop loss of 4930.
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: (16290) The support for the Sensex is 16000 and the resistance to the up move is at 16500.
NSE Nifty: (4853) The support for the Nifty is at 4800 and the resistance to the up move is at 4903.
F&O Cues: FII were net sellers of 1075cr in index future & buyers of 152cr in stock future.
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