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DAILY PREDICTION

Advice for – Friday, March 01, 2013

EP-F&O Special made huge profits of Rs.2,73,300/- in 25 days on 1 lot traded per call.

 

Click Here to See EP-F&O Special Performance Sheet (Till Date)

 

 

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open gap positive and would EquityPandit expects market to move higher, before Budget and lower, after budget and exactly same happened. Market opened gap positive with 48 points for Nifty exactly as per EquityPandit’s predictions. Market went higher but then slipped as per EquityPandit’s predictions. As EquityPandit stated for last couple of days that market would breach 5700 for Nifty in days to come and next technical target would be 5600 and exactly same happened as market breached levels of 5700 for Nifty.

 

Today: Indian Stock Market likely to open flat. Now all events are over and as predicted Nifty fell below 5700 levels. Now some short covering can come into play but 5750 would act as strong resistance for Nifty. Since all events are over now, Nifty may see only technical movements, where support would exist on 5645-5580 levels for Nifty whereas resistance would be seen at 5750-5780 levels for Nifty. Technically, 5600 is possible in upcoming days but today’s movement would dictate further direction of the market. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

 

BSE Sensex: (18862) The support for the Sensex is at 18770-18600 and the resistance to the up move is at 19075-19110-19200 levels.

                                           

NSE Nifty: (5693) The support for the Nifty is at 5645-5580 and the resistance to the up move is at 5750-5780 levels.

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