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DAILY PREDICTION

Advice for – Tuesday, January 19, 2010

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Yesterday: Indian stock market opened flat and surprisly went up even though all Asian. market were down by 1-2%. But when market reaches nearer to its resistance level of 5280 it fall a bit and closed at 5274 nearer to 5280.

 

Today: Today again Indian stock market would open flat to positive again analysis would remain same enter only if nifty crosses level of 5320. Till that nifty would remain within range of 5180-5320

 

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: (17641) The support for the Sensex is 17500 and the resistance to the up move is at 17800.

 

NSE Nifty: (5274) The support for the Nifty is at 5220 and the resistance to the up move is at 5300-5320.

F&O Cues: FII were net sellers of 252cr in index future and net sellers of 100cr in stock future.

Todays Results: SRF,BASF,Wipro,Tata Power,Tata Elaxi

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