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DAILY PREDICTION

Advice for – Monday, December 02, 2013

Last Trading Session: Exactly as per EquityPandit’s Predictions, Indian Stock Market opened mildly positive with 10-15 points positive for Nifty. Nifty went up sharply and saw resistance near EquityPandit’s predicted resistance of 6200 for Nifty.

Today: Nifty will likely to open flat with positive bias. Technically, Nifty would see resistance near 6200-6229-6279 levels for Nifty. Breaching levels of 6229 would see a technical breakout and Nifty can again resume a sharp positive movements. Nifty would see strong support at 6120-6100 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20792) The support for the Sensex is at 20550 and the resistance to the up move is at 21000 levels.

NSE Nifty(6176) The support for the Nifty is at 6100-6070 and the resistance to the up move is at 6200-6229-6279 levels.

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