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DAILY PREDICTION

Advice for – Monday, June 01, 2009

Last Trading Session: As we predicted, Indian Stock Market went up and broke its important resistance of 4380. Better than expected GDP numbers also gave a boost to the market.

 

Today: We expect positive opening and it would be very interesting to see whether nifty would break its major resistance at around 4510-4560 as already it breached its resistance of 4377-4380. Profit booking would surely be done at higher levels, so traders be cautious.

 

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: (14625) The support for the sensex is 14500-14300 n resistance on the up move is 14800-15000.          

                       

NSE Nifty: (4448) the support for the Nifty is at 4440 and the resistance to the up move is at 4510.

 

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