Advice for – Friday, January 10, 2014

EquityPandit Knowledge Series

EquityPandit has launched EquityPandit Knowledge Series, which would help all our readers to learn and earn huge profits in Stock Market or any market in the world. These tutorial of EquityPandit Knowledge Series would be published every Sunday. We would start Knowledge Series from some basics like “History of Indian Stock Market” and take it forward to Advance Technical Analysis. This tutorial would just take your 5 minutes every Sunday but going forward, it would help you to generate huge wealth in Indian Stock Market / Commodity Market/ Currency Market.

Click here to download your own PDF version of this tutorial.

Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat and remained rangebound. Finally, Nifty closed flat with negative bias for the day. Sensex also saw lows exactly on EquityPandit’s predicted support levels of 20650 like a dot.

Today: Today IT Giant – Infosys would disclose it’s quarterly earnings before market hours and Nifty direction would depend on Infosys result atleast for today. IIP Data would be disclosed today, after market hours today, which would further decide Nifty direction. Nifty to see strong support at 6150-6120 whereas strong resistance would be seen at 6225-6250 levels for Nifty. Traders can go long once Nifty breaches 6225 levels. Till then Nifty would remain rangebound. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20713) The support for the Sensex is at 20650-20500 and the resistance to the up move is at 20900-21000 levels.

NSE Nifty: (6168) The support for the Nifty is at 6150-6120 and the resistance to the up move is at 6225-6250 levels.

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