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DAILY PREDICTION

Advice for – Thursday, July 30, 2009

Yesterday: Indian Stock Market opened flat and went down sharply in the afternoon session mainly due to china market as china government cut Gasoline price and asked financial institution to pull out some percentage of their money from financial system which pulled down all the Asian market.

 

Today: Indian Stock Market is expected to open flat and would remain highly volatile as today is a last day of F&O expiry. Now the main support to be watched is of 15000 for sensex. If market breaches the level of 15000 for sensex, than we would see new lows in the market.

                           

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: (15173) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4513) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net sellers of 1157 crore in Index Future and sellers of 506 crore in stock futures.

 

Results to be declared today: Adani, DLF, Educomp, SBI, Jain Irrigation, SAIL, Tata Chem, Uco Bank, Voltas, IOCL

 

 

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