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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.