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DAILY PREDICTION

Advice for – Wednesday, June 17, 2009

Yesterday: As we predicted, Indian Stock Market opened in a negative zone and recovered from our support level of 14600.

 

Today: Indian Stock Market is expected to flat with both side movements we firmly beleive that one should stay away from the market till market break its major resistance of 15250. Still market looks very volatile and traders should be very cautious.   

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: (14957) The support for the Sensex is 14620 -14350 and the resistance to the up move is at 15250. 

 

NSE Nifty: (4518) the support for the Nifty is at 4465 and the resistance to the up move is at 4600.

 

F&O Cues: FII were  huge sellers of  1191 crore in Index Future and seller of  435 crore in stock futures.

 

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