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DAILY PREDICTION

Advice for – Monday, December 7, 2009

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Last Trading Session: Market opened up but as usual failed to sustain those levels. So overall market looks tired now.

 

Today: Today Indian stock market would open flat to positive. Again analysis would remain same if 5100 would take out than next target for the market is 4950. So watch out for that level.

 

Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (17102) The support for the Sensex is 17000 and the resistance to the up move is at 17200.

 

NSE Nifty: (5109) The support for the Nifty is at 5100 and the resistance to the up move is at 5150.

 

F&O Cues: FII are net sellers of 236cr in Nifty future & net sellers of 384cr in stock future.

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