The Indian market ongoing its smash higher on Thursday, lead by powerful international hints and desires of policy action from the govt post the Presidential elections.

Asina markets started off today on a soft note, despite positive hints from international markets. However, the number of changes declared last night and the hope of more to come could force Indian equities higher today.

BSE index: - 1638 & 16447 essential resistances, keep stop-loss of 16447 to your shorts. Down part 16245 & 16122 essential can handle. Break below 16122 it'll intensely fall down to 15971 & 15875.
Upward part cross-over above 16447 it'll increase up correctively to 16522 & 16616.

Nifty MAY Future: - Keep stop-loss of 4976 to your bermuda. Down part 4906 & 4861 essential can handle. Separate below 4860 it'll intensely fall down to 4808-4800 & 4764-4750.

BSE index: Offer considering 17210 & 17255 strong resistances maintaining stop-loss of 17164. Down part it'll drop down further to 17096 & 17026-16993 originally, which is a essential assistance to look at out for. Break below 16994 it'll drop down further to 16881.
Upward part cross-over above 17171 it'll increase up to 17334 & 17375.