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DAILY PREDICTION

Advice for – Monday, March 22, 2010

Last Trading Session: Market opened flat n as usual consolidated through out the day with very low volume which normally indicates that market leaders are on the side track as far as Nifty is concern.

 

Today: Indian Stock Market would open with wide gap down opening due to rate hike by RBI.One can enter at a level of 5155 where market can find a support so go long around 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: (17578) The support for the Sensex is 17200 and the resistance to the up move is at 17600

 

NSE Nifty: (5263) The support for the Nifty is at 5150 and the resistance to the up move is at 5300

 

F&O Activity: FII were net sellers of 48cr in Index future & net sellers of 207cr in stock future.

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