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DAILY PREDICTION

Advice for – Tuesday, December 01, 2009

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Last Trading Session: Market opened with a big bull gap as global cues were quite positive n market was almost at a same level through out the day n closed above 5000mark.

 

Today: Today Indian stock market would open flat to positive as global cues are very quite. Also if market would reach at level of 4950 I would be out of the market now as if market would reach again at 4950 would mean weakness n further downside for the market.

 

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: (16926) The support for the Sensex is 16600 and the resistance to the up move is at 17200.

 

NSE Nifty: (5032) The support for the Nifty is at 4950-4920 and the resistance to the up move is at 5050.

 

F&O Cues: FII are net buyers of 665cr in Nifty future & net buyers of 525cr in stock future.

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