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DAILY PREDICTION

Advice for – Thursday, February 11, 2010

Yesterday: As we said stay away from the market as we could see highly volatility in the market. Market opened positive n went sharply in the second session of the market n closed just above its crucial support of 4750.

 

Today: Indian Stock Market would open flat to positive analysis would remain same go short if market would reach a level of 4950 which is quite unlikely n start buying around level of 4600-4700 with tight stop loss.

 

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: (15922) The support for the Sensex is 15700 and the resistance to the up move is at 16200

 

NSE Nifty: (4756) The support for the Nifty is at 4700 and the resistance to the up move is at 4800-4850

 

F&O Cues: FII were net buyers of 879cr in index future & net buyers of 306cr in stock future.

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