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DAILY PREDICTION

Advice for – Friday, April 05, 2013

EP-Basic Package is one of the most famous package among Indian traders .

 

Check Why EquityPandit recommends EP-Basic Package

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open gap negative with 10-40 points for Nifty and would see string support at 5665 levels, breaching which Nifty can see sharp downfall and traders should sell below 5665 levels for Nifty and exactly same happened. Market opened negative exactly with EquityPandit’s predicted levels of 40 points for Nifty. Market breached levels of 5665 levels for Nifty with opening and hence sharp downfall was seen breaching all the supports. Finally Nifty ended deep negative for the day.

 

Today: Indian Stock Market to open negative. Nifty and Sensex had breached 200 days SMA, which indicates further downside. Nifty would see strong support at 5565-5545-5500 levels whereas resistance to upmove would be seen at 5645-5665-5700 levels for Nifty. Traders are suggested to remain cautious at these levels as 5565 is make or break levels and hence trade with strict stoplosses at EquityPandit’s given supports or resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (18510) The support for the Sensex is at 18380-18255 and the resistance to the up move is at 18640-18880-18950 levels.

                                           

NSE Nifty: (5673) The support for the Nifty is at 5565-5545-5500 and the resistance to the up move is at 5645-5665-5700 levels.

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