EP-F&O Special package made profits of about Rs.4.86 lakhs for all its subscribers in last month (September 2012) on 1 lot traded per call. Performance Sheet can be downloaded Here
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Last Trading Session: Exactly as predicted by EquityPandit that market would open flat with positive bias and would see strong support at 5630 levels for Nifty and breaking these levels can force market to fell down sharply to levels of 5600-5585 levels for Nifty and exactly same happened. Market opened flat with positive bias as predicted by EquityPandit. Market went down and ultimately breached levels of 5630 for Nifty which forced market to touch EquityPandit predicted levels of 5600-5585.
Today: Indian Stock Market likely to open flat. Now since Nifty has breached strong support of 5630, next immediate support exists at 5580 levels for Nifty breaching which Nifty can see levels of 5540. Now, 5640-5700 would act as strong resistance for Nifty. Some small short covering can be seen but market would remain rangebound. Traders are suggested to wait for a day and then take position as US markets, which are planning to open on Wednesday my see huge selling which may impact Indian markets. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (18431) The support for the Sensex is at 18380-18200 and the resistance to the up move is at 18600-18700-18880.
NSE Nifty: (5598) The support for the Nifty is at 5580-5540 and the resistance to the up move is at 5640-5700.
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