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DAILY PREDICTION

Advice for – Thursday, May 28, 2009

Yesterday: Indian Stock Market opened with a bull gap and crossed 14000 mark. Sensex traded above that level so we may see more up trend today.

 

Today: Indian market is expected to open flat or with positive trend. Some profit booking may come at higher level but next logical target for the sensex is 14480 unless we stuck with some dreadful bad news.

 

BSE Sensex(14110) The support for the sensex is 13990 n the resistance on the up move is 14500. 

 

 

NSE Nifty (4276) the support for the nifty is 4250 n resistance on the up move is 4300-4350.

 

 

Today’s result: 

L&T, M&M, SAIL, GMDC, TATA POWER, TATA Chem

 

 

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