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DAILY PREDICTION

Advice for – Tuesday, August 18, 2009

Yesterday: As we predicted few days back that market is still weak and it’s suggested to book profits at higher levels. And the trend yesterday showed it clearly when market cracked more than 600 points for the sensex in a day.

 

Today: Indian Stock Market may open gap down due to worse global cues. Overall market is still weak. Trading can be done but very cautiously as some upmove may be possible after a big downtrend yesterday.

 

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: (14785) The support for the Sensex is 14730-14500 and the resistance to the up move is at 15045.

 

NSE Nifty: (4388) The support for the Nifty is at 4325 and the resistance to the up move is at 4450. 

 

 

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