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DAILY PREDICTION

Advice for – Friday, January 28, 2011

Last Trading Session: Exactly as EquityPandit predicted that market would open positive but would witness weakness and level of 5625 would be seen and same happened. Market opened positive and saw downside exactly as predicted by EquityPandit. Finally market closed gap down.

 

Today: Indian Stock Market likely to see negative opening. Technically, Market may witness weakness and level of 5560-5535 can be seen. Since market is near psychological support hence traders are advised to trade in small quantity. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.  

 

BSE Sensex: (18684) The support for the Sensex is 18512 and the resistance to the up move is at 19000.

                                    

NSE Nifty: (5604) The support for the Nifty is at 5560-5535 and the resistance to the up move is at 5700.

 

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