EquityPandit Completes 9 year of services.
We are pleased to inform you that EquityPandit have completed successfully 9 years in business since we commenced commercial operations on 10 July 2005. We take this opportunity to thank you for doing business with us and for your continued trust and support.
Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat with positive bias. Infosys disclosed decent results, which too market higher. Market didn’t sustain at higher levels and market fell down as per EquityPandit’s predictions. Nifty breached EquityPandit’s levels of 7500 and as predicted by EquityPandit, Nifty saw a breakdown and lows were seen exactly near EquityPandit’s predicted support levels of 7440 like a dot. Sensex also saw strong support at EquityPandit’s predicted support levels of 25000. Finally, Indian Stock Market closed negative for the day, just above EquityPandit’s predicted support levels.
Today: Indian Stock Market to open flat with positive bias. Technically, Indian Stock Market is in indecisive mode. IIP Data disclosed on Friday at 4.7% was highest since October 2012, which is a positive new for market. Portugal fears have also receded which has shown a positive movement in Asian Markets, today. Inflation numbers, which is going to be disclosed today would decide the further market direction. FIIs have been a net buyers in the month of July. Indian Stock Market is still in range and Strong support would be seen at 7440-7365 levels for Nifty whereas resistance would be seen at 7635-7700-7800 levels. Breaching any of the support or resistance levels would decide the breakout or breakdown in the Market. Traders should buy near EquityPandit’s predicted support levels and should sell near EquityPandit’s predicted resistance levels in this market for Intraday profits. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
Important dates for markets:
14th July: Inflation data.
NSE Nifty: (7460) The support for the Nifty is at 7440-7365 and the resistance to the up move is at 7635-7700-7800 levels.
BSE Sensex: (25024) The support for the Sensex is at 24970-24850-24500 and the resistance to the up move is at 25325-25620 levels.
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