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Advice for – Monday, April 15, 2013

EP-F&O Special Package converted Rs.18250 investment in Infosys Special Option to Rs.41,376/- in just 1 day and gave profits of Rs.23,120/- to all its subscribers in just 1 day with percentage profits of 126% in a single day.

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative on Infosys poor results and guidance and would see strong support at 5500 for Nifty and 18170 levels for Sensex and exactly same happened. Market opened gap negative due to poor results and guidance by Infosys. Nifty saw low exactly near EquityPandit’s predicted support levels of 5500 for Nifty and 18170 for Sensex. Finally market closed just above EquityPandit’s predicted support levels for Nifty and Sensex.

 

Today: Indian Stock Market to open gap negative. Nifty possess strong support at 5500-5475 whereas resistance to upmove would be seen at 5580-5627-5670 levels for Nifty. For now Nifty is supposed to remain rangebound in the region between 5480-5620 levels for Nifty. Breach of any of these levels would decide the further market direction. Breaching levels of 5480 by closing would generate bearish sentiments, which can force market to fall sharply in coming days. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (18243) The support for the Sensex is at 18170-18075-18000 and the resistance to the up move is at 18380-18540-18740 levels.

                                           

NSE Nifty: (5529) The support for the Nifty is at 5500-5475 and the resistance to the up move is at 5580-5627-5670 levels.

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