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DAILY PREDICTION

Advice for – Friday, February 26, 2010

Yesterday: As expected market ended flat and huge volatility was there due to F&O Expiry.

 

Today: Indian Stock Market is expected to open flat to positive. 4800 as emerged as a strong support for Nifty. Since today is Budget 2010 day. Huge volatility is expected. It is suggested to stay away from market today.

 

BSE Sensex: (16254): The support for the Sensex is 16000 and the resistance to the up move is at 16575.

 

NSE Nifty: (4860) the support for the Nifty is at 4800 and the resistance to the up move is at 4920-4995.

 

Data to watch: Budget 2010.

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