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DAILY PREDICTION

Advice for – Tuesday, September 8, 2009

Yesterday: Market opened with a bull gap & continuous made its journey towards northwards. In the second half market shoots up helped by positive European cues n closed above 4750

 

Today: Indian Stock Market would open quite flat to positive as market may consolidated after big up moves & as global markets are very quit. Technically market looks extremely strong n technically first target for the nifty is 4850.

 

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

 

BSE Sensex: (16016) The support for the Sensex is 15850 and the resistance to the up move is at 16100.

 

NSE Nifty: (4783) The support for the Nifty is at 4750 and the resistance to the up move is at 4790 

 

F&O Cues: FII were net buyers of 1117 cr in index future & buyers of 288 cr in stock future.

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