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DAILY PREDICTION

Advice for – Tuesday, February 10, 2009

Yesterday: As we predicted beforehand market opened up and remained positive throughout the day.

 

Today: Indian stock market looks up but still we feel that this is the time to book profits and wait for market to again come down.

 

BSE Sensex: (9583) The support for the Sensex is 9400 and the resistance to the up move is at 9900.

 

NSE Nifty: (2920) the support for the Nifty is at 2900 and the resistance to the up move is at 2950.

 

Important data to watch: US stimulus voting today and Global market

 

Today’s Pick: Go long in RIL, GVKPIL

 

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