Tag Archives: Central Bank

Advice for – Thursday, October 29, 2009

Yesterday: As predicted by us Indian Market opened with negative and went down sharply. Market was quite volatile throughout the day and has seen quite fast movements.

 

Today: Today Indian stock market would open with a big gap down. A strong resistance level would be 4800 for Nifty. Due to F&O expiry, Market can see some short covering rally even though all global markets are down by 1.5%. So stay away from any type of shorts. Market has developed a crucial resistance level of 4780.

 

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: (16283) The support for the Sensex is 16140-15850 and the resistance to the up move is at 16470-16575.

 

NSE Nifty: (4826) The support for the Nifty is at 4780-4700 and the resistance to the up move is at 4880-4920-4960.

 

 

 

Advice for – Wednesday, October 21, 2009

Yesterday: Market opened with a positive gap but failed to sustain its level n fall almost 200 points.

 

Today: Indian Stock Market would open flat to negative. Overall trend would remain positive as long as 17000 would hold on the sensex front and 5100 on Nifty. Market would see good amount of volatility

 

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: (17223) The support for the Sensex is 17000 and the resistance to the up move is at 17350-17500.

 

NSE Nifty: (5114) The support for the Nifty is at 5090 and the resistance to the up move is at 5154-5183-5219.