The Indian stock market unfolded as expected and it could be up or flat on the last day of the calendar year. Crucial support to watch is 9495.

 Markets are remaining volatile and is giving very fast buy and sell signals . But nobody knows when these signals, may turn into decisive signal for either side. So if trading has to be done every signal has to be taken care.

Market would surely see down trend in the end of January 09 due to disclosure of poor corporate results, So this would be good time for profit booking i.e no deliveries or buying should be done at this time, rather it is the time to sell your stocks. Cautious day trading can be done today as market is expected to see some uptrend today and would end flat.

Few good stocks for day trading are Cairn india, GMR infra, RCOM, SBI, JP Associate.

BSE Sensex: (9716)The support for the Sensex is 9495 and the resistance to the up move is at 9675-9990.

NSE Nifty: (2980) the support for the Nifty is at 2900 and the resistance to the up move is at 3035.