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DAILY PREDICTION

Advice for – Thursday, December 03, 2009

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Last Trading Session: Market opened up but failed to sustain that high resistive zone of 5120-5150 n closed down by almost 40 points.

 

Today: Today Indian stock market would open flat to positive as global cues are very quite. Thursday & Friday would be very crucial day for the market n market should crossed 5150 mark if it wants a journey of 5300. But if market couldn’t manage to crosses this level than that shows a weakness.

 

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: (17170) The support for the Sensex is 17000 and the resistance to the up move is at 17200.

 

NSE Nifty: (5123) The support for the Nifty is at 5100 and the resistance to the up move is at 5150.

 

F&O Cues: FII are net sellers of 137cr in Nifty future & net buyers of 87cr in stock future.

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