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DAILY PREDICTION

Advice for – Thursday, January 7, 2010

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Yesterday: Was a day of consolidation as market consolidated throughout the day n closed positive at 5281.

 

Today: Today again Indian stock market would again open flat to positive some profit booking cannot be rule out but we feel that one should take out the profit from the market n wait till market crosses the level of 5320.

 

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: (17701) The support for the Sensex is 17500 and the resistance to the up move is at 18000.

 

NSE Nifty: (5281) The support for the Nifty is at 5250 and the resistance to the up move is at 530-5320.

F&O Cues: FII were net buyers of 1970cr in index future & sellers of 253cr in stock future.

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