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DAILY PREDICTION

Advice for – Wednesday, October 14, 2009

Yesterday: Market opened flat n continuous maintain its march ahead. Yesterday was all about RIL & SBI when both went up almost 4% else there is not much in the index. IIP no are also very supportive.  But important thing is market closed above the mark of 5000.

 

Today: Indian Stock Market would open flat to negative as global cues are mixed n wall-street also closed mixed yesterday. We may see some profit booking in the market as yesterday up move created technical cracked in the market so lets see what happened in today’s trade.    

 

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: (17026) The support for the Sensex is 16800 and the resistance to the up move is at 17200.

 

NSE Nifty: (5054) The support for the Nifty is at 5020 and the resistance to the up move is at 5080.

 

F&O Cues: FII were net buyers of 492cr in index future & net sellers of 35cr in stock future.

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