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DAILY PREDICTION

Advice for – Monday, December 13, 2010

Last Trading Session: As EquityPandit predicted that market would see upmove until it holds 5700 and same happened. Market ended in green region.

 

Today: Technically, market trend looks positive until 5760 holds for Nifty. Profit booking can take place in between but Investors don’t have to worry at all and keep on investing at every downtrend as suggested earlier also near 5750 levels of Nifty. Investors who have already invested should keep patience as the upmove is sure to happen. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.  

 

This is the good time to invest in fundamentally strong companies as anytime we can expect sharp upmove. So keep on investing small-small amount in fundamentally strong companies which are available at discounts. Else, subscribe to EP-Investor Package to know about fundamentally strong shares available at damn cheap rates and which would give huge profits in small time duration.

 

BSE Sensex: (19509) The support for the Sensex is 19200 and the resistance to the up move is at 19860.

                                    

NSE Nifty: (5857) The support for the Nifty is at 5760 and the resistance to the up move is at 5960-6095.

 

 

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