Yesterday: Market opened flat n consolidated in the first half. In the second half market shoots up quite well due to good Europe cues but still closed below 4800 mark.
Today: Indian Stock Market would open flat to positive but still we believe that one should stay away from the market as we strongly believe that until n unless we crosses the level of 4855 on nifty side there won’t be any buying opportunities exists.
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: (16042) The support for the Sensex is 15700 and the resistance to the up move is at 16200
NSE Nifty: (4792) The support for the Nifty is at 4700 and the resistance to the up move is at 4800-4850
F&O Cues: FII were net buyers of 1135cr in index future & net buyers of 116cr in stock future.
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