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DAILY PREDICTION

Advice for – Wednesday, January 06, 2010

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Last Trading Session: Market opened with a positive gap and closed above 5250.

 

Today: Finally target given by EquityPandit.com of 5250 for Nifty has been achieved. Market looks positive in short term and our target would be definitely 5380. Definitely some profit booking would come in picture. Investors are advised to remain invested and traders should remain little bit cautious as quarterly results would start to be disclosed and market would definitely react to results.

 

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: (17686) The support for the Sensex is 17000 and the resistance to the up move is at 17400.

 

NSE Nifty: (5278) The support for the Nifty is at 5220 and the resistance to the up move is at 5390.

 

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