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DAILY PREDICTION

Advice for – Friday, May 08, 2009

Yesterday: Indian Stock Market was seen range bound as market moved within a specific band.

 

Today: Indian Stock Market will likely to open in the negative zone due to weak global cues but still we feel that one should buy on every dip. Market would see particular direction only after the the results of the election get declared. Till the time Market would be seen rangebound.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (12117) The support for the Sensex is 12000 and the resistance to the up move is at 12500.

 

NSE Nifty: (3684) The support for the Nifty is at 3600 and the resistance to the up move is at 3700-3750.

 

Result to be announced today:

 

Andhra Bank, UCO Bank, Novartis Ind, Great EAST.

 

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