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DAILY PREDICTION

Advice for – Wednesday, December 09, 2009

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Last Trading Session: Market opened flat n consolidated through out the day but in the second half market shoot up like anything led by oil & gas sector n closed almost it’s resistance level.

 

Today: Today Indian stock market would open flat to negative led by weak global cues. Today important level to watch out for is 5050. Below which the market can go down to 5000.

 

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: (17227) The support for the Sensex is 17000 and the resistance to the up move is at 17400.

 

NSE Nifty: (5147) The support for the Nifty is at 5100 and the resistance to the up move is at 5150.

 

F&O Cues: FII are net sellers of 82cr in Nifty future & net buyers of 2cr in stock future.

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