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DAILY PREDICTION

Advice for – Thursday, April 8, 2010

Yesterday: Market opened flat n as usual consolidated through out the day with very low volume but nifty touched our target of 5400 n dragged down but still manage to closed below a level of 5380

 

Today: Indian Stock Market would open flat to negative 5350 would be the important level to be watch out for. We recommend caution on nifty from buy as we expected 5-8% correction from current level.

 

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: (17970) The support for the Sensex is 17600 and the resistance to the up move is at 18000

 

NSE Nifty: (5372) The support for the Nifty is at 5300 and the resistance to the up move is at 5400

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