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DAILY PREDICTION

Advice for – Thursday, April 23, 2009

Yesterday: as we expected market was highly volatile and tough to make the profits.

 

Today: Still this volatility will continue in the days to come. All eyes are set on the results of Reliance pack.

 

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 (10817): The support for the sensex is 10700-10500 and resistance on the up move is 11000.

 

NSE Nifty (3330): The support for the nifty is 3300-3250 and resistance on the up move is 3350-3400.

 

Today’s important result to be declared:

 

RIL, REL infra, RNRL, RPL, RPOWER, HDFC Bank, Bajaj hind, HCL Info, LIC HSGFIN, MMTC, Idea, SKF

 

Profits/Loss for the last trading session (For Paid Subscribers)

 

On Wednesday, Intraday trade on RIL was executed in the morning. The script was bought for intraday trade at 1725-1722 and sold at 1710 booking a loss of 0.75%. But as the trade was intraday so 5 times the quantity was traded and hence gave a Loss of 3.75%.

 

Again, Another Intraday trade on RIL was executed in afternoon. The script was bought for intraday trade at 1698-1700 and sold at 1718 booking a profit of 1.20%. But as the trade was intraday so 5 times the quantity was traded and hence gave a profit of 6%.

 

So, overall profits were quite less around 2.25% for yesterday’s trading session.

 

 

 

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