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DAILY PREDICTION

Advice for – Wednesday, December 02, 2009

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Last Trading Session: Market opened with a big bull gap n we have witnessed stock specific action in the market but most important thing is market closed above 5100 mark.

 

Today: Today Indian stock market would open positive as global market looks good. If nifty would crosses n stay above 5180 mark than next target for the market is 5400 for the medium term

 

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: (17198) The support for the Sensex is 17000 and the resistance to the up move is at 17400.

 

NSE Nifty: (5122) The support for the Nifty is at 5100 and the resistance to the up move is at 5150-5158.

 

F&O Cues: FII are net buyers of 976cr in Nifty future & net buyers of 375cr in stock future

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