Stock Market Live Updates: The Indian equity indices, Sensex and Nifty erased opening gains to trade flat amid positive global cues. Midcap and smallcap indices traded marginally higher. Gains are seen in metals, auto and IT stocks, while energy stocks are un…

Manish Hathiramani, Proprietary Index Trader and Technical Analyst, Deen Dayal Investments
The Nifty resisted around the 15,900 levels yesterday so we still have to get past that for the markets to start moving up! If we can get past this level with ease, we should be targeting 16,100. Good support lies at 15,400 and as long as that does not break on a closing basis, dips can be utilized to enter long positions. If we fail to cross 15,900, the markets might become range-bound between 15,400-15,900.