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DAILY PREDICTION

Advice for – Wednesday, April 28, 2010

Last Trading Session: Market remained volatile and managed to close above 5300 for Nifty and ended with small negative trend.

 

Today: As we said earlier Indian Stock Market is overall positive until it holds 5260 for Nifty. Analysis would remain same. Some volatility would be induced due to F&O expiry week. Some correction may be seen after F&O Expiry. Traders should take care and strictly follow stoplosses. Long term investors should not worry as overall market seems to be OK until 5260 holds for Nifty.

 

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: (17690) The support for the Sensex is 17600 and the resistance to the up move is at 17825.

 

NSE Nifty: (5308) The support for the Nifty is at 5260 and the resistance to the up move is at 5350-5380.

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