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DAILY PREDICTION

Advice for – Monday, May 25, 2009

Last Trading Session: On Friday market closed with a positive tone and still looks up as it has created a new support of 13600 for sensex.

 

Today: Indian Stock Market is expected to open flat with positive tone. But one should not initiate any long position unless market cross level of 14000. Till than one should remain cautions as we will see high intraday volatility. Also this week is F&O expiry week, so much higher volatility would be seen throughout the week. Day traders should trade very cautiously.

 

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: (13887) The support for the Sensex is 13600 and the resistance to the up move is at 14000-14450                      

           

NSE Nifty: (4239) the support for the Nifty is at 4175 and the resistance to the up move is at 4300-4350

 

Result to be announced today:

 

REC, Jet Airways, Karnataka Bank

 

 

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