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DAILY PREDICTION

Advice for – Friday, February 22, 2013

EP-F&O Special package gave whooping profits of Rs.14,500/- on one lot traded per call to all its subscribers in last trading session.

EP-F&O Special Calls given:

INTRADAY (F&O):

1.         ZEEL Sell Call gave Loss Rs.5000

2.         GODREJIND Sell Call gave Profits Rs.8000

3.         TECHM Buy Call gave Profits Rs.1000

 

BTST (F&O):

 

1.         TATAPOWER Buy Call gave Profits Rs.10500

 

TOTAL PROFITS: Rs.14,500/-

 

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open gap negative and profit booking is expected in the market where 5910-5885 would act as strong support for Nifty, breaching which, Nifty can see a sharp downfall and exactly same happened. Market opened gap negative as predicted by EquityPandit. Market saw strong support near EquityPandit’s predicted support levels of 5885 levels for Nifty but was not able to sustain and as EquityPandit’s prediction, market fell down sharply to the levels of 5845 for Nifty.

 

Today: Indian stock Market would open negative. Indian Stock Market is still in downtrend and can see further downtrends in days to come. Only Savior for Nifty is 5820-5800 levels for Nifty, which if breached, market can see levels of 5600 for Nifty in upcoming future. But Nifty may hold till Union Budget. It may breach levels of 5800 but would not go much deeper from levels of 5800. Once that event (Union Budget) is over, we can see further sharp downfall.  Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

 

BSE Sensex: (19325) The support for the Sensex is at 19200-19110-18950-18888 and the resistance to the up move is at 19540-19660-19743.

                                           

NSE Nifty: (5852) The support for the Nifty is at 5820-5800-5750 and the resistance to the up move is at 5880-5900-5935

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