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DAILY PREDICTION

Advice for – Friday, January 30, 2009

Yesterday: As predicted by us market opened up and has shown good uptrend but ended showing negative index.

 

Today: Indian stock market may go down due to weak global cues and poor earnings but L&T results which is going to be declared today may change the market direction.

 

BSE Sensex: (9236)  The support for the Sensex is 9050 and the resistance to the up move is at 9400.

 

NSE Nifty: (2824)  The support for the Nifty is at 2780 and the resistance to the up move is at 2900.

 

Today’s Pick: Short sell Bajaj-Hind and DLF.

 

Data to watch: L&T Third quarterly results, Global market.

 

Important Note:  As this is the time, to save tax and make better investments, EquityPandit.com is going to publish a complete series of Tax-Saving, where you would find:

 

       How much tax you will have to pay?

       What are various tax exemptions?

       How to save tax?

       What should be the best investment strategy to save tax and better returns?

        

So stay connected with EquityPandit.com and save tax and get better returns.

 

 

For any queries, thoughts and suggestion use MessageBoard. Your all queries would surely be answered by our Financial Analysts.

 

 

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