EP-F&O Special Package gave profits of Rs.7,100/- to all its subscribers in last trading session on 1 lot traded per call.
Last Trading Session: Exactly as predicted by EquityPandit that market would open gap positive where 5958 would act as resistance for Nifty and if Nifty would unable to breach resistance levels then a sharp downfall is expected where 5850 would act as strong support for Nifty and exactly same happened. Market opened gap positive as predicted by EquityPandit. Market was unable to breach the resistance of 5958 levels for Nifty and hence fell down sharply as per EquityPandit’s predictions. Market saw low exactly near EquityPandit’s predicted support levels of 5850 for Nifty. Finally market managed to close flat for the day. Sensex also saw high and lows exactly near EquityPandit’s predicted resistance and support levels of 19600 and 19380 levels respectively.
Today: Indian Stock Market likely to open flat. Falling Rupee would be biggest worry of Indian economy. Nifty possess strong support at 5850-5800 levels whereas resistance would be seen at 5930-5958-5980 levels for Nifty. Nifty would see sideways movement in a consolidated region and if Nifty is able to breach any of the resistance or support levels, traders are suggested to trade in the same direction. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (19441) The support for the Sensex is at 19380-19200 and the resistance to the up move is at 19600-19750-19865 levels.
NSE Nifty: (5878) The support for the Nifty is at 5850-5800 and the resistance to the up move is at 5930-5958-5980 levels.
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