About Today’s Market

According to me today market is going to open with positive note. Because US market, Dow Jones ended up with 330+ (3%) and Nasdaq ended up with 60+ (2.8%). Initially US markets were up because of fall in the crude oil price and service sector report. After that, rally took from Fed’s unchanged interest rates (Presently 2%). Sensex, according my charts has immediate support @ 14550 and major resistance @ 15800. And one more thing, market will be range bound since in this kind market, at every rise there is going profit booking to recover the old losses. So start investing wisely and step by step and decide when to exit before investing. Never make losses, be patient………..