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DAILY PREDICTION

Advice for – Friday, May 10, 2013

EP-F&O Special Package gave profits of Rs.9,500/- to all its subscribers in last trading session on 1 lot traded per call.

EP-F&O Special Call given:

1.             BataIndia Buy Call gave Profits Rs.5,500

2.             PTC Buy Call gave Profits Rs.4000

TOTAL PROFITS: Rs.9,500/-

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would see strong resistance at 6080 levels for Nifty and 20050 levels for Sensex, from where profit booking can be seen and exactly same happened. Market opened flat exactly as per EquityPandit’s predictions. Market saw upmove but saw strong resistance at EquityPandit’s predicted resistance levels of 6080 for Nifty and 20050 levels for Sensex like a dot. Market saw strong profit booking from resistance levels as per EquityPandit’s predictions and fell down sharply but managed to close above 6020 levels for Nifty.

 

Today: Indian Stock Market likely to open flat. Technically analysis would remain same and 6020-6000 are important levels to track. Overall Market direction would be positive but some further profit booking can be seen at higher levels near EquityPandit’s predicted resistance levles. Nifty would remain positive and see further positive trends until Nifty holds 6020-6000 levels. Nifty possess strong support at 6020-6000-5975 whereas strong resistance would be seen at 6080-6100-6120. Once Nifty manages to close above 6100, new highs may be seen soon. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19939) The support for the Sensex is at 19850-19600-19504 and the resistance to the up move is at 20050-20200 levels.

                                          

NSE Nifty: (6050) The support for the Nifty is at 6020-6000-5975 and the resistance to the up move is at 6080-6100-6115 levels.

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