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DAILY PREDICTION

Advice for – Friday, November 20, 2009

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Yesterday: As we predicted yesterday, Market opended negative and closed exactly at our support of 4990.

 

Today: Today Indian stock market would open with a negative gap. Now it looks that market would take some direction for few days and it may be towards south. Market may see sharp downside from here for few days.

 

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: (16786) The support for the Sensex is 16423 and the resistance to the up move is at 17000.

 

NSE Nifty: (4989) The support for the Nifty is at 4920-4800 and the resistance to the up move is at 5100.

 

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