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DAILY PREDICTION

Advice for – Friday, January 31, 2014

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock market opened gap negative with 53 points for Nifty and 150 points for Sensex. Nifty saw lows exactly near EquityPandit’s predicted support levels of 6030 like a dot. Finally, Nifty closed recovered in the end of trading session but closed gap negative for the day. Sensex also closed exactly at EquityPandit’s predicted support levels of 20500 like a dot.

Today: Indian Stock Market to open flat with positive bias. Technically, 6030-6000 would act as next support for Nifty whereas resistance would be seen at 6110-6130-6150 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Important Q3 Results to be disclosed today: Adani Enterprises, Bank of Maharashtra, Canara Bank, IDFC, ING Vysya Bank, IRB Infra, NHPC, Oriental Bank, Pantaloon, Petronet LNG, Pfizer, PNB, PVR, Religare Enter, Union Bank, Uttam Galva .

BSE Sensex: (20498) The support for the Sensex is at 20340-20260-20140 and the resistance to the up move is at 20830-21000 levels.

NSE Nifty: (6074) The support for the Nifty is at 6030-6000 and the resistance to the up move is at 6110-6130-6150 levels.

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