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DAILY PREDICTION

Advice for – Tuesday, February 9, 2010

Yesterday: Market opened flat n went down sharply on the back of bad global cues from the world market but around a level of 4670 market shoots up due to short covering but still closed below a level of 4800.

 

Today: Indian Stock Market would open flat to positive n one should be very careful for the market as we would see highly volatile market 4800-4850 would be the important level to be watch out for. So trade in small qty.

 

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: (15935) The support for the Sensex is 15700 and the resistance to the up move is at 16200

 

NSE Nifty: (4760) The support for the Nifty is at 4870 and the resistance to the up move is at 4800-4850

 

F&O Cues: FII were net sellers of 296cr in index future & net sellers of 5cr in stock future.

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