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Advice for- Friday, July 02, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on July 1, 2010 at 10:54 pm
Last Trading Session: As predicted by EquityPandit, Indian Stock Market went in negative direction and closed in red.   Today: Technically, Market still looks negative for short term. 5300-5350 would be strong resistance level. Overall Nifty would remain in the range of 4800-5500 for next few months. And as we said earlier, investor should remain invested and should not panic with all these small downtrend and should invest in fundamentally strong ...

Advice for- Thursday, July 01, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 30, 2010 at 11:08 pm
Last Trading Session: Indian Stock Market remained volatile with both positive and negative direction. Anyhow it managed to close in positive just near our resistance level.   Today: Technically, Market looks negative now for short term. 5350 would be strong resistance level. Overall Nifty would remain in the range of 4800-5500 for next few months. And as we said earlier, investor should remain invested and should not panic with all these ...

Advice for- Tuesday, June 29, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 28, 2010 at 11:27 pm
Last Trading Session: As predicted by EquityPandit, Indian Stock Market remained volatile with both positive and negative direction. Anyhow it managed to close in positive with giving strength to market.   Today: Technically, market is in uptrend until it holds 5300 and may touch 5400 before seeing some reaction. Some downtrend can’t be ruled out.5325 and 5265 would be strong resistances at this level. Overall Nifty would remain in the range ...

Advice for- Friday, June 25, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 25, 2010 at 12:26 am
Last Trading Session: As predicted by EquityPandit, Indian Stock Market remained volatile with both positive and negative direction. Anyhow it managed to close in flat.   Today: Technically, market is in uptrend until it holds 5300 and may touch 5400 before seeing some reaction. Some downtrend can’t be ruled out. 5265 would be strong resistance at this level. Overall Nifty would remain in the range of 4800-5500 for next few months. ...

Advice for- Thursday, June 24, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 24, 2010 at 12:57 am
Last Trading Session: As predicted by EquityPandit, Indian Stock Market remain volatile with negative direction and with support level of 5265 for Nifty. Anyhow it managed to close in positive.   Today: Technically, market is in uptrend and may touch 5400 before seeing some reaction. Some downtrend can’t be ruled out. 5265 would be strong resistance at this level. Overall Nifty would remain in the range of 4800-5500 for next few ...

Advice for- Tuesday, June 22, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 21, 2010 at 11:48 pm
  Last Trading Session: As predicted by EquityPandit, Indian Stock Market touched 5330 and went up sharply catching all the shorts.   Today: Technically, market is in uptrend and may touch 5400 before seeing some reaction. Some downtrend can’t be ruled out. And as we said earlier, investor should remain invested and should not panic with all these small downtrend and ...

Advice for- Monday, June 21, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 20, 2010 at 11:49 pm
Last Trading Session: Market ended Negative on Friday with downtrend. Market was expected to go up after Reliance AGM but was unable to move up.   Today: Technically, market is in uptrend and may touch 5330 before seeing some reaction. Market is in fatigue mode and downtrend can’t be ruled out. But investor should remain invested and should not panic with all these small downtrend and should invest in fundamentally strong ...

Advice for- Friday, June 18, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 17, 2010 at 11:51 pm
Last Trading Session: Market was volatile throughout the day and again closed with a positive note above its resistance level of 5250.   Today: Now since Nifty is near its psychological resistance of 5300. Closing beyond 5300 levels can give a momentum to the market to move near 5330-5350 levels.  ...

Advice for- Thursday, June 17, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 16, 2010 at 10:41 pm
Last Trading Session: As predicted by us, Market was volatile throughout the day and today also ended with positive note.   Today: Now this is the right time for reaction and anytime down trend can be seen as we already posted yesterday. Market has seen uptrend for almost for 450 points for Nifty and now downfall can’t be ruled out. Investor should remain invested even if market falls with some points....

Advice for- Wednesday, June 16, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 15, 2010 at 10:27 pm
Last Trading Session: As predicted by us, Market went on giving positive trends and today also ended with positive note.   Today: Still Market trend is up and some more upside can be seen but we can’t rule out the reaction of this uptrend. So any time market can see some sharp down trend. The worry is only for intraday traders and they should keep an eye on support levels for ...

IIP for April 2010 surges 17.6% vs 13.5% (MOM)

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 11, 2010 at 12:40 pm
THE COUNTRY’S industrial output rose much faster than expected at 17.6% in April from 13.5% a month earlier led by growth across all sectors. March's annual growth rate has been revised upwards to 13.9% from 13.5%. The manufacturing sector in April grew 19.4% as against 0.4% a year earlier, while consumer durables surged to 37% versus 17.6% in April ...

Advice for- Friday, June 11, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 10, 2010 at 11:30 pm
Last Trading Session: As we said 4965 level would be strong support for Nifty and market would see upmove from this point, same happened and market went sharply up from this level and ended above 5050 levels for Nifty.   Today: Now Market is expected to touch levels of 5150 for Nifty in upcoming days. And still 4965 would be strong support for the market. ...

Advice for- Wednesday, June 09, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 8, 2010 at 11:17 pm
Last Trading Session: As we said 5000 level would be strong support for Nifty and breaching that market would fall sharply, same happened and market closed with sharp negative trend and closed just above our support level of 4985.   Today: 4965 would remain strong support for market, and breaching this level would take market down sharply. Traders should take care of all the resistances and supports level given by us ...

Advice for- Tuesday, June 08, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 7, 2010 at 11:32 pm
Last Trading Session: As predicted by us, market opened with gap down and seen small upmove in mid session..   Today: 5000 would remain strong support for market. Market still looks positive until it holds 5000 level for Nifty. Market went down due to worse global cues. But market seems to recover soon.  ...

Advice for- Monday, June 07, 2010

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on June 6, 2010 at 10:13 pm
Last Trading Session: Market remained volatile through out the day and ended with positive trend.   Today: 5085 would remain strong support for market. Market looks quite strong at this moment and should see more uptime. But since global Market ended with gap down, Market may start negative but may recover in mid session if the support level holds.  ...
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