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DAILY PREDICTION

Advice for – Friday, December 16, 2011

 

Last Trading Session:  Exactly as predicted by EquityPandit that market would open negative with 60 points for Nifty and 170 points for sensex and would see strong support at 4640 for Nifty and exactly same happened. Market opened. Market opened negative with around 60 points for Nifty and around 150 points for Sensex. Nifty and Sensex has seen strong supports near EquityPandit’s predicted support levels and finally closed almost flat for the day with negative bias.

                         

Today: Market likely to open flat with positive bias. Today, RBI Policy would be declared, which would be key point for further Indian Market direction. Market is expected to see sideways movement with 4700 as immediate support and 4640 as very strong support for Nifty and would see resistance at 4820-4850-4910 for Nifty and may also see some small positive movements for today. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. EP-Basic Package of EquityPandit with high accuracy and consistent daily profits to all its subscribers can generate good profits for traders in this type of Market. This package provides consistent daily profits in all market conditions whether market moves up or falls sharply.

                                                                                                     

BSE Sensex: (15836) The support for the Sensex is 15770-15600-15470 and the resistance to the up move is at 16086-16135-16212.

                                           

NSE Nifty: (4746) The support for the Nifty is at 4735-4700-4640 and the resistance to the up move is at 4820-4850-4910.

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