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DAILY PREDICTION

Advice for – Wednesday, January 13, 2010

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Yesterday: Again market fails to react against positive news from Infy of IIP nos n went down in the second half of the session n close below its important support level of 5220.

 

Today: Today again Indian stock market would open flat with negative tone. Market is now looking weak. Next support would be around 5180 on the lower side n resistance would be 5250 on the higher side.

 

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 (17422): The support for the Sensex is 17300 and the resistance to the up move is at 17600.

 

NSE Nifty (5210): The support for the Nifty is at 5180 and the resistance to the up move is at 5280-5250.

F&O Cues: FII were net sellers of 505cr in index future & net sellers of 565cr in stock future.

Today’s result: REC, Bajaj Holding, Sintex

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