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DAILY PREDICTION

Advice for – Wednesday, March 17, 2010

Yesterday: As expected, Indian Stock Market remained went up and almost breached all its resistances.

 

Today: Indian Stock Market is expected to open positive. Market trend would remain up until it holds a support level of 5100 for Nifty. Next resistance for Nifty would be 5250 and 5270. Overall market direction is up.

 

BSE Sensex: (17383): The support for the Sensex is 17250 and the resistance to the up move is at 17500.

 

NSE Nifty: (5198) the support for the Nifty is at 5100 and the resistance to the up move is at 5250.

 

 

 

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