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DAILY PREDICTION

Advice for – Friday, December 07, 2012

EP-F&O Special package gave huge profits of Rs.30,350/- on one lot traded per call to all its subscribers in last trading session.

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 positive with atleast 20-50 points for Nifty and  would see profit booking at higher levels but overall Nifty trend would be positive and may touch levels of 5970-6000 in days to come and exactly same happened. Market opened positive as per EquityPandit’s prediction but saw huge profit booking due to vote in Rajya Sabha for FDI in retail. Finally market closed sharply positive due to Mamta Banerjee’s node in favor of FDI in retail.

 

Today: Technically, analysis would remain same. Indian Stock Market is expected to see gap positive opening and would move further positive with lot of cheer among foreign and domestic investors. Nifty may touch levels of 6000 in a day or two. Now Nifty possesses strong support at 5900-5890-5850 whereas some resistance may be seen at 5970-6000 levels but overall Nifty is expected to breach those levels. Lot of buying is expected in the market. Avoid short trades at this point of time. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19487) The support for the Sensex is at 19350-19250 and the resistance to the up move is at 19630-19800.

                                           

NSE Nifty: (5931) The support for the Nifty is at 5900-5890-5850 and the resistance to the up move is at 5970-6000.

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