Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
DAILY PREDICTION

Advice for – Monday, December 24, 2012

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

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would see sideways movements and if levels of 5900 is breached than market would fell sharply but 5840 would act as strong support for Nifty  and 19200 as strong support for Sensex and exactly same happened. Market opened below 5900 and as per EquityPandit’s prediction, bearness was confirmed in the market. Market fell sharply but saw strong support at EquityPandit’s predicted support levels of 5840 for Nifty and 19200 for Sensex like a dot. Finally market closed just above EquityPandit’s predicted support levels.

 

Today: Indian Stock Market likely to open flat. Technically, market is in weak mode and can see further profit booking. Levels of 5830 would act as strong pivot point for Nifty breaching which Nifty can see levels of 5780-5735 in days to come. Strong resistance would be seen at levels of 5900-5925-5950 for Nifty. Traders are suggested to short if levels of 5830 are breached with volumes for good profits. Traders can also buy both call of 5900 and put of 5800 for risk free profits, which would give profits irrespective of market direction. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19242) The support for the Sensex is at 19200-19000-18880 and the resistance to the up move is at 19380-19450-19600.

                                           

NSE Nifty: (5848) The support for the Nifty is at 5830-5780-5735 and the resistance to the up move is at 5900-5925-5950.

Note: If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com

Premium Subscription Pricing details (Normal Prices) can be seen at Pricing

Get Daily Prediction & Stocks Tips On Your Mobile