After Us closing +ve and Asian markets opening in green its turn of indian market to show some more positive movement. Indian market-Sensex alreay closed in +ve for continues 3 days. Today it wil open gap up atleast by some 30-50 points in nifty.
BSE: a gap up opening expected near 15467 for a Target 15575 and 15625.
Any upmoves likely to face strong resistances @ 15500-15800, 16200-16600 levels.
Mixed sentiments as the F&O expiry & financial year ending are near and a positive global market cue. So dont carry huge postions.
IT stocks to do well along with the banking stocks like SBI, ICICI.
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