EP-F&O Special Package gave profits of Rs. 5,400 /- 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 negative but short covering would be seen later during the day where 5230 would act as strong support for Nifty and exactly same happened. Market opened negative as per EquityPandit’s predictions. Market saw lows near EquityPandit’s predicted support levels and saw strong short covering later exactly as predicted by EquityPandit to close positive for the day. Traders, who have followed EquityPandit’s predictions might have earned handsome profits today.
Today: Indian Stock Market to open positive. Technically, now short covering (positive movements) cannot be ruled out. Market is in oversold region and we can definitely some sustained buying at these levels. Nifty to see immediate resistance at 5475 levels whereas strong resistance may be seen at 5505-5545 levels for Nifty. Strong supports may be seen at 5300-5250-5230 levels for Nifty. Traders can trade long until 5350 holds for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (18313) The support for the Sensex is at 17997-17750 and the resistance to the up move is at 18500-18600-18720 levels.
NSE Nifty: (5408) The support for the Nifty is at 5300-5250-5230 and the resistance to the up move is at 5475-5505-5545 levels.
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