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DAILY PREDICTION

Advice for – Friday, December 02, 2011

EP-F&O Special package gave huge profits of Rs.52,600/- on one lot traded on one lot traded per call to all its subscribers in last trading session.

                                  

 

Last Trading Session:  Exactly as predicted by EquityPandit that market will see gap positive opening and would see resistance at 4980 levels for Nifty and 16600 levels for Sensex and same happened. Market opened gap positive with 3%. Nifty saw resistance near EquityPandit’s predicted levels of 4980 for Nifty and 16600 levels for Sensex, and came down to some extent but overall market ended positive just near our immediate resistance of 4930. EquityPandit’s predicted next targets of 4930 and 4980 achieved in a day and all traders, who read this (Nifty Daily Prediction) newsletter, might have enjoyed huge profits and due to same reason EquityPandit’s F&O Subscribers earned profits of Rs.52,600 on one lot traded per call given by EquityPandit EP-F&O Special Package on last trading session.

                         

Today: Market likely to open flat. Technically now market is overstretched and would remain in consolidated region for some time, to develop strong support near these levels before moving up further. Market can also see some profit booking at these levels but not too big. Nifty now possess strong support 4850-4800 levels for Nifty and immediate resistance may be seen at 5010-5040 levels. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

                                                                                                     

BSE Sensex: (16483) The support for the Sensex is 16297-16164-16000 and the resistance to the up move is at 16600-16720-16840.

                                           

NSE Nifty: (4937) The support for the Nifty is at 4850-4800 and the resistance to the up move is at 5010-5040.

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