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DAILY PREDICTION

Advice for – Wednesday, January 14, 2009

Indian Stock market may go up today, book profits if you can else stay away and just wait and watch for some time. Market seems to be technically down but still market may see uptrend which would be used to book profits. No long term delivery should be done at this level.

 

BSE Sensex: (9071) The support for the Sensex is 8950 and the resistance to the up move is at 9600.

 

NSE Nifty: (2744) the support for the Nifty is at 2685-2400and the resistance to the up move is at 2810.

 

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