Yesterday, Indian stock market went down. Reaching our support level of 9450 for Sensex, it started moving up close marginally lower.

TODAY,The Auto bailout package has been canceled for now, this would be having negative effect on the market.  Market would be started in negative. IIP numbers are going to be declared today, so market would surely react to these numbers, so wait for IIP numbers to come.

BSE Sensex: (9645) The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

NSE Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

For any queries, comments and thoughts, post your comment below…..