Yesterday: Indian Stock Market opened negative n recover sharply again led by reliance but as we said we witnessed some weakness in the market, it corrected sharply mainly due to basket selling.

Today: Indian Stock Market is expected to open with wide negative led by weak global cues. Market is now in the clear down trend that for sure n next target for the sensex is around 15300 where it may found some short of support. 

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BSE Sensex: (15514) The support for the Sensex is 15300 and the resistance to the up move is at 15800.

NSE Nifty: (4585) The support for the Nifty is at 4550 and the resistance to the up move is at 4600. 

F&O Cues: FII were net sellers of 231 crore in Index Future and buyers of 209 crore in stock futures.