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DAILY PREDICTION

Advice for – Friday, April 15, 2011

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Last Trading Session: Exactly as predicted by EquityPandit, market opened flat and went up sharply and finally managed to close in sharp green near our resistance levels.


Today: Market likely to open flat. Market would see some resistance at 5960 where as 6000 would act as strong psychological resistance for Nifty but overall Market is still positive and investors should consider every profit booking as an opportunity to buy and invest for midterm. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.


BSE Sensex: (19697) The support for the Sensex is 19500 and the resistance to the up move is at 19850-20000.


NSE Nifty: (5911) The support for the Nifty is at 5850 and the resistance to the up move is at 5960-6005.


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