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DAILY PREDICTION

Advice for – Friday, April 29, 2011

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Last Trading Session: As predicted by EquityPandit, that market would open positive but will see profit booking on the day of F&O expiry and same happened. Finally market closed in negative region.

 

Today: Market likely to open flat. Still market looks weak but possesses strong support at 5750-5720. Market would definitely see short covering now and expected to see fresh upmove. Investor can remain invested.  

 

BSE Sensex: (19292) The support for the Sensex is 19225-19120 and the resistance to the up move is at 19413.

                                    

NSE Nifty: (5785) The support for the Nifty is at 5750-5720-5700 and the resistance to the up move is at 5820-5875-5900.

 

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