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DAILY PREDICTION

Advice for – Friday, October 19, 2012

EP-F&O Special package gave huge profits of Rs.26,800/- on one lot traded per call to all its subscribers in last trading session.

EP-F&O Special package made profits of about Rs.4.86 lakhs for all its subscribers in last month (September 2012) on 1 lot traded per call. Performance Sheet can be downloaded Here

EP-Basic Package is one of the most famous package among Indian traders .

 

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open positive and would see strong resistance at 5725 levels for Nifty and 18800 levels for Sensex and exactly same happened. Market opened positive as per EquityPandit’s prediction. Market remained highly volatile throughout the day but moved up sharply and saw strong resistance at EquityPandit’s predicted levels of 5725 for Nifty and 18800 levels for Sensex like a dot. Finally market closed positive for the day.

 

Today: Indian Stock Market likely to open negative with 10-30 points for Nifty and 30-80 points for Sensex. Technically, Indian Stock Market would see some profit booking at these levels. Overall market direction is positive but October series would be rangebound. Nifty would possess strong resistance at 5725-5755-5785 whereas supports would be seen at 5650-5635-5600. Traders should trade long near 5660-5635 levels for Nifty whereas shorts can be taken near 5755-5785 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

                                                                                                                                               

BSE Sensex: (18792) The support for the Sensex is at 18550-18470 and the resistance to the up move is at 18880-18970-19050.

                                           

NSE Nifty: (5719) The support for the Nifty is at 5650-5635-5600 and the resistance to the up move is at 5725-5755-5785.

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