Yesterday: As expected, Indian Stock Market went up and managed to stay above 5250 for Nifty on the F&O expiry day. This shows that market is still up.

Today: Indian Stock Market is expected to open with a small gap down but we would say market is intact up until it holds 5220 for Nifty. Every down trend would be an opportunity to invest.

BSE Sensex: (17559): The support for the Sensex is 17400 and the resistance to the up move is at 17700.

NSE Nifty: (5260) the support for the Nifty is at 5220-5180 and the resistance to the up move is at 5310.