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DAILY PREDICTION

Advice for – Friday, April 26, 2013

Last Trading Session: Exactly as predicted by EquityPandit that market would open positive and traders should take long position above 5850 levels for Nifty and exactly same happened. Market opened positive exactly as per EquityPandit’s predictions. Market went up sharply once levels of 5850 for Nifty was breached exactly as per EquityPandit’s predictions. Finally market managed to close above levels of 5900 for Nifty.

Today: Indian Stock Market likely to open flat. Market would be considered positive until 5850 holds for Nifty. Nifty would see immediate resistance near 5952-5975-6000 levels whereas supports would be seen at 5900-5880-5850 levels for Nifty. Traders can trade long with strict stoplosses at EquityPandit’s predicted support levels and target as EquityPandit’s predicted resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (19407) The support for the Sensex is at 19250-19150-19075 and the resistance to the up move is at 19504-19700-19770 levels.

NSE Nifty(5916) The support for the Nifty is at 5900-5880-5850 and the resistance to the up move is at 5952-5975-6000 levels.

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