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DAILY PREDICTION

Advice for – Friday, July 10, 2009

Yesterday: Was an another boring day for the market as we have witnessed both side movements in a narrow range so definitely market still is not able to decide which side to go. Market closed pretty flat.

 

Today: Indian Stock Market is expected to open flat to negative as global cues are quiet. All eyes are now set on Infosys result which would decide the direction of the market at least for a day or two so till that lets hope for the best else next target would be around 13000 on sensex.   

 

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: (13757) The support for the Sensex is 13500-13000 and the resistance to the up move is at 13960.

 

NSE Nifty: (4080) the support for the Nifty is at 4000 and the resistance to the up move is at 4135.

 

F&O Cues: FII were net buyers of 62 crore in Index Future and buyers of 346 crore in stock futures.

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