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DAILY PREDICTION

Advice for – Wednesday, January 07, 2009

Our first target of 10330 mark for sensex has already achieved. Indian stock market will now move in unpredictable manner and thus one should book profit (sell their stocks) at every rise as this move is sustained by government stimulus package.

 

BSE Sensex: (10336)The support for the Sensex is 10100 and the resistance to the up move is at 10700

 

NSE Nifty: (3113) the support for the Nifty is at 3100 and the resistance to the up move is at 3250

 

Today’s pick:- one can go short in DLF, IBRealest.

 

Don’t stay long with your stocks at this time. As market would see some downtrend due to profit booking. So it is the time to trade or sell your stocks.

 

For any queries, thoughts and suggestion use MessageBoard. Your all queries would surely be answered by our Financial Analysts.

 

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