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DAILY PREDICTION

Advice for – Tuesday, March 17, 2009

Yesterday: As predicted, Indian stock market continued with the up move yesterday.

 

Today: Indian Stock Market may see upmove today with profit booking at around the level of 9000-9050, so book profit if you hold any shares. Do not initiate any long positions. Wait till Sensex see 9100 mark and than one can go for long positions.

 

BSE Sensex: (8944) The support for the Sensex is 8750 and the resistance to the up move is at 9050-9100.

 

NSE Nifty: (2617) the support for the Nifty is at 2530 and the resistance to the up move is at 2680-2704-2750.

 

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