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DAILY PREDICTION

Advice for – Wednesday, February 24, 2010

Yesterday: Market opened down as expected n consolidated through out the day n proved as a dead day for the traders.

 

Today: Indian Stock Market would open negative on the back of the weak global cues.4820 would be the important level to be watch out for. All eyes are now on the railway budget although it wont effect market directly but it would show the mind set of government before the union budget.

 

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: (16286) The support for the Sensex is 16200 and the resistance to the up move is at 16500

 

NSE Nifty: (4870) The support for the Nifty is at 4820 and the resistance to the up move is at 4950

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