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DAILY PREDICTION

Advice for – Wednesday, December 30, 2009

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Last trading session: As we said market opened up positive n once it’s reached nearer to our target of 5220 it faces a major resistance level n went down sharply but closed below 5200.

 

Today: Today again Indian stock market would open flat to positive and other analysis would remain same. we won’t see much intraday volatility i.e we don’t see any good intraday trades right now as market should remain within the range.

 

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: (17401) The support for the Sensex is 17000 and the resistance to the up move is at 17500.

 

NSE Nifty: (5187) The support for the Nifty is at 5150-5100 and the resistance to the up move is at 5183-5220.

F&O Cues: FII were net buyers of 541cr in index future & sellers of 96cr in stock future.

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