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DAILY PREDICTION

Advice for – Thursday, September 3, 2009

Yesterday: Market opened with a negative zone due to negative global cues but recover sharply led by oil marketing companies & Anil Ambani group companies but again shorts come into the market in the last half an hour as RIL corrected sharply.

 

Today: Indian Stock Market would open positive led by good global cues. Overall structure of the market remain strong as bull has upper hand over bear unless 4548 to be break decisively. But as we said a big fight is going on in the market between bull & bear so it would be always difficult for the traders specially if u are F&O traders.

 

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: (15467) The support for the Sensex is 15300 and the resistance to the up move is at 15730-15880.

NSE Nifty: (4608) The support for the Nifty is at 4600-4548 and the resistance to the up move is at 4650-4690.

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