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DAILY PREDICTION

Advice for-Monday, April 06, 2009

Last week: Indian Stock Market went up sharply and closed above 10000 mark. Sensex saw a 3.1% growth last week.

Today: Still direction of Indian stock market looks up. Market would move in upwards direction. Opportunity for intraday trading may be there, but may be done keeping resistances and support levels in mind. Market may see downwards direction at any time.
Note: Stocks to buy for intraday and short-term delivery and when to sell those stocks would be send to paid subscribers live during the market hours through SMS.

BSE Sensex: (10349) The support for the Sensex is 10050 and the resistance to the up move is at 10700-11000.

NSE Nifty: (3211) the support for the Nifty is at 3150 and the resistance to the up move is at 3400-3500.

Profits for the last trading session (For Paid Subscribers)
On Thursday our intraday trade was successfully executed and you might have booked profit of 20% in a single day. Reliance Capital was bought at 398 and sold at 417 giving a profit of 19 Rs per share.

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