Tag Archives: stock market

Advice for – Friday, August 14, 2015

EquityPandit

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive. EquityPandit predicted that since IIP and Inflation numbers were positive and hence some short covering rally can’t be ruled out at this point of time and exactly same happened. Indian Stock Market moved sharply positive and saw highs right near EquityPandit’s predicted resistance levels of 8433 for Nifty. Sensex also saw highs right near EquityPandit’s predicted resistance levels of 27800. GST was not passed as predicted by EquityPandit and hence a sharp intraday fall was seen but finally, Indian Stock Market managed to close positive for the day.

Today: Indian Stock Market would open positive. Indian Stock Market is in negative trend but expectations of RBI cutting the key rates due to lower than expected Inflation numbers and higher than expected IIP data, would take market positive. BankNifty would again enter into positive trend once it closes above 18540 levels. For now market is in negative region and traders should wait for these levels to breach before entering going long into the market. FIIs were net sellers of Rs.625.90 crores whereas DIIs were net buyers of Rs.545.86 crores in last trading session. Nifty would see strong support at 8320-8286-8226-8195 whereas strong resistance would be seen at 8380-8433-8450-8505 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Important Results To Be Declared Today: AMARARAJA, AMTEKAUTO, BEML, BPCL, BHUSHANSTEL, BIRLACORP, CIPLA, HINDALCO, IVRCL, JETAIR, JINDALSAW, KSKENERGY, MTNL, MANAPPURAM, PIPAVAVDEFENCE, PFC, PUNJLLOYD, PURAVANKARA, RELCAPITAL, RCOM, ROLTA, SAIL, TRIVENITURBINE, VAKRANGEE and VIDEOCON.

NSE Nifty: (8356) The support for the Nifty is 8320-8286-8226-8195 and the resistance to the up move is at 8380-8433-8450-8505 levels.

NSE BankNifty: (18175) The support for BankNifty is at 17820-17750-17565 and the resistance to the up move is at 18320-18450-18500 levels.

BSE Sensex: (27550) The support for the Sensex is at 27416-27350-27200-27146 and the resistance to the up move is at 27720-27800-27885 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

Premium Subscription Pricing details can be seen at Stock Market Premium Services

Advice for – Friday, January 09, 2009

Indian stock market was down due to satyam scandal and now there may be more downside trend seen.

 

Buy only if market crosses 9800 unless just wait and watch.

 

BSE Sensex: (9587) The support for the Sensex is 9080 and the resistance to the up move is at 10040

 

NSE Nifty: (2920) the support for the Nifty is at 2795 and the resistance to the up move is at 2990.

 

No trading should be done in margins at this point, stay away from F&O as market is very volatile and can move in any direction. Such movement can auto square-off without giving a chance to your broker to inform you to put more money.

 

But Infosys or TCS shares as the loss in Satyam would definitely see gain in infosys and TCS stock without any doubt and no one can beat Infosys management.

 

For any queries, thoughts and suggestion use MessageBoard. Your all queries would surely be answered by our Financial Analysts.