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DAILY PREDICTION

Advice for- Wednesday, June 16, 2010

Last Trading Session: As predicted by us, Market went on giving positive trends and today also ended with positive note.

 

Today: Still Market trend is up and some more upside can be seen but we can’t rule out the reaction of this uptrend. So any time market can see some sharp down trend. The worry is only for intraday traders and they should keep an eye on support levels for Nifty. And as we are saying from couple of weeks, Investors should not worry at all and remain invested.

 

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BSE Sensex: (17412) The support for the Sensex is 17150 and the resistance to the up move is at 17505.

 

NSE Nifty: (5222) The support for the Nifty is at 5200 and the resistance to the up move is at 5250.

 

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