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DAILY PREDICTION

Advice for – Wednesday, July 22, 2009

Yesterday: Market opened flat but slipped quickly due to profit booking at these levels.But still manage to close above 4450.

 

Today: Indian Stock Market is expected to to open positive mainly because of positive global cues but it would be interesting to see whether nifty would cross the level of 4510 n than next target would be 4600 in a day or two.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15062) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4469) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net buyers of 321 crore in Index Future and sellers of 391 crore in stock futures.

 

Results to be declared today: BHEL, Canara Bank, Hind Zinc, IFCI, Mastek, Teck Mah, Wipro, NDTV, Wire n Wireless

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