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DAILY PREDICTION

Advice for- Thursday, December 04, 2008

Before proceeding further kindly spend your one minute for India, to take a step against Terrorism

Yesterday the market was exact replica of our prediction. As we predicted yesterday morning, Market opened in positive, throughout the day it was negative and ended flat due to profit booking.

The market looks undecided at this point of time. It will move in the direction it would be taken. 

BSE Sensex: (8712) The support for the Sensex is 8500 and the resistance to the up move is at 8898-8998. 

NSE Nifty: (2656) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.

Market is only waiting for the government’s package for infra and reality that’s why market didn’t go down else there is nothing to buy in market at this point (i.e. there is no reason for market to go up.)

Stay connected and keep visiting for latest updates and pre-analysis of the market beforehand.

For any comments, queries and thoughts kindly post your comment below…..

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