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DAILY PREDICTION

Advice for – Wednesday, August 12, 2009

Yesterday: Indian Stock Market exactly reacted as we predicted. It opened down and went up to somewhere around 180 points but as we said market is weak and this uptrend is not accepted, market sharply fell in the negative zone in second half trading session.

 

Today: Indian Stock Market will open negative today due to worse global cues. Overall market is still weak. But today market would remain range bound. Trading can be done but cautiously.

 

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: (15075 ) The support for the Sensex is 14800 and the resistance to the up move is at 15500.

 

NSE Nifty: (4471 ) The support for the Nifty is at 4400-4385 and the resistance to the up move is at  4500. 

 

 

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