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Yesterday: As we predicted, market open flat and moved up sharply but unfortunately the upmove was without momentum and due to fear of rate hike and by the end of the session Nifty breached its strong support of 5051.

Today: Today Indian stock market would open with flat to negative. Market looks down until a strong support of 4950 for Nifty comes into picture. Traders can short but keep booking profits at small levels.

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: (16877) The support for the Sensex is 16660 and the resistance to the up move is at 17050.

NSE Nifty: (5033) The support for the Nifty is at 4990-4950 and the resistance to the up move is at 5050-5100-5183.