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DAILY PREDICTION

Advice for – Thursday, March 05, 2009

BSE Sensex: (8446) market regain in the last hour of trade & still trading around major support level of 2650.Market mainly gain because of Metal support. Today market will start on positive note backed by RBI move & Positive global market. But we still believe that shorts will be the best opportunities on gain because market has not shown any strength unless market crosses the mark of 8700.

The support for the Sensex is 8150 and the resistance to the up move is at 8600-8700

Nifty: (2645) the support for the Nifty is at 2600-2550-2500 and the resistance to the up move is at 2700-2730

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