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DAILY PREDICTION

Advice for – Wednesday, August 19, 2009

Yesterday: As we predicted yesterday that some upmove is possible after a big downtrend a day before, market trend was exactly as per our prediction. Initially market was down due to worse global cues and that market started recovering and closed with a positive trend above 15000 for sensex.

 

Today: Indian Stock Market may open up. Market is still weak but few surprises can take place with the trend. Trade cautiously as the market trends are trapping stoplosses in all direction.

 

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: (15035) The support for the Sensex is 14730-14500 and the resistance to the up move is at 15250-15500.

 

NSE Nifty: (4459) The support for the Nifty is at 4325 and the resistance to the up move is at 4530-4630. 

 

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