The Indian market is likely to have flat opening as the Asian market is trading higher .On Monday, the Indian markets ended in a positive note as BSE Sensex closed in green by 59.44 points at 14,397.89 while Nifty closed at 4,256.55 up by 8.4 points. We expect the market to be choppy during the day.
US market was closed on May, 28,2007 due to observation of Memorial Day.
The major stock markets in Asia are trading in positive zone. Japan''s Nikkei advanced by 92.38 points to trade at 17,679.97. Hang sang plunged by 49.61 points to trade at 20,480.15, Straits Times trading higher by 5.03 points at 3,518.40. Taiwan weighted trading at 8,218.31 up by 91.49 points.
Today, Nifty has support at 4,205 and resistance at 4,300 and BSE Sensex has support at 14,240 and resistance at 14,580.
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