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DAILY PREDICTION

Advice for – Thursday, June 11, 2009

Yesterday: Indian Stock market went up sharply and closed well above its resistive level of 4610.   

Today: Indian Stock Market is expected to open negative mainly due to weak global cues but again yesterday in the second half we have witness some profit booking so today we are expecting that market may see some correction but if nifty holds above 4610 than we will see a level of 4700 soon.

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: (15467) The support for the Sensex is 15000 and the resistance to the up move is at 15550-16046.

NSE Nifty: (4655) The support for the Nifty is at 4500 and the resistance to the up move is at 4700-4789.

F&O Cues: FII were net buyers of 658 crore in Index Future and buyers of 197 crore in stock futures.

                                                                                                 

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