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Advice for – Monday, April 27, 2009

Today: As we said earlier that till Indian Stock market holds 11200, market will move up n we may see a level of 11500 in the days to come but we may see profit booking in the market before moving up so we are a bit cautious in this market.


Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.


BSE Sensex: (11239) The support for the Sensex is 11200 and the resistance to the up move is at 11500


NSE Nifty: (3481) The support for the Nifty is at 3450 and the resistance to the up move is at 3550.


Result to be declared today:


Aban, Areva, BOB, Indian bank, Castrol, JP Associates, Oriental Bank, Tech Mah., United Spirit, Renuka Sugar, BOSCH


Profits/Loss for the last trading session (For Paid Subscribers)


On Friday, Short term delivery on Hindalco was executed successfully in the morning. The script was bought for short term delivery at 55 on Wednesday and sold at 58-58.50 on Friday.  This gave a profit of 5% on the investments.