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DAILY PREDICTION

Advice for – Tuesday, April 21, 2009

Yesterday: As we predicted market opened in a bit red and went up sharply. At higher level due to profit booking it went down marginally lower.

 

Today: Indian Stock Market is expected to open sharply lower mainly due to very bad global cues, thanks to the bad result of Bank of America and IBM. It may be a good buying opportunity, still one can buy on dips. All eyes are set on today’s RBI policy if it is better than expected it will boost the sentiment.

 

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 (10979): The Support for the sensex is 10500-10700 and resistance @ 11000-11500.

 

NSE Nifty (3377):The Support for the nifty (3377) is 3300-3250 and resistance @ 3400-3450.

 

Fourth Quarterly Result to be declared today:

 

HCL Techno, Hero Honda, Rolta, Ultratech, Wipro, Praj industries, Spice tele, Era infra

 

Profits for the last trading session (For Paid Subscribers)


On Monday, our short Term Delivery on Max India was successfully executed and you might have booked profit of 4% on the amount of your investment. The Script was bought on Friday at the price of 122 and sold on Monday at the price of 127.

 

Intraday trade on Sesa Goa was also successfully executed on Monday. The script was bought for intraday trade at 110-111 and sold at 113.25 giving a profit of 2-3%. But as the trade was intraday so 5 times the quantity was traded and hence gave a profit of 10%.

 

So, total profits on Monday for subscribers who traded exactly on time, were 14%. So Stay connected and book huge profits.

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