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DAILY PREDICTION

Advice for – Friday, October 16, 2009

Yesterday: Market opened with a bull gap but failed to sustain its level n fall almost 100-120 points on sensex and recover at the end of trading session.

 

Today: Indian Stock Market would open flat to positive. Overall trend would remain positive as long as 17000 would hold on the sensex front. But undertone would remain positive.

 

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: (17195) The support for the Sensex is 17000 and the resistance to the up move is at 17500.

 

NSE Nifty: (5109) The support for the Nifty is at 5100 and the resistance to the up move is at 5154.

 

F&O Cues: FII were net sellers of 294cr in index future & net sellers of 751cr in stock future.

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