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DAILY PREDICTION

Advice for – Thursday, December 24, 2009

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Yesterday: As we predicted, Market went up sharply due to short covering. As next week is F&O expiry week. Market breached all resistance.

 

Today: Today again Indian stock market would open positive. Market would be  up till it holds 5051 and 4950 levels for Nifty. To the upper side, 5183 and 5250 would play as resistance levels, which if breached and closed above these levels would give a sharp uptrend indications.

 

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: (17231) The support for the Sensex is 17000 and the resistance to the up move is at 17500.

 

NSE Nifty: (4986) The support for the Nifty is at 5051-5100 and the resistance to the up move is at 5183-5250.

 

Profits to subscribers: Yesterday EP-Basic Package profits to our subscribers were Rs.5100 on trading amount of Rs.50,000.

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