Yesterday: As expected, Market went up sharply to 17000 levels for sensex due to positive budget and better global cues.

 

Today: Indian Stock Market is expected to open flat to positive. 5125 would be our next target for Nifty. Overall market is positive for short term.

 

BSE Sensex: (17000): The support for the Sensex is 16500 and the resistance to the up move is at 17110-17280.

 

NSE Nifty: (5088) the support for the Nifty is at 5050 and the resistance to the up move is at 5125-5175.

 

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