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DAILY PREDICTION

Advice for – Monday, February 18, 2013

EP-F&O Special package gave whooping profits of Rs.21,500/- on one lot traded per call to all its subscribers in last trading session.

EP-F&O Special Calls given:

1.         BPCL Sell Call gave Profits Rs.12000

2.         RELCAPITAL Sell Call gave Profits Rs.4000

3.         BHARTIARTL Sell Call gave Profits Rs.2500

4.         AXISBANK Sell Call gave Profits Rs.2000

5.         HDFCBANK Buy Call gave Profits Rs.1000

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative and breaching 5885, would take Nifty near to 5845, which would act as strong support for Nifty and exactly same happened. Market opened negative as per EquityPandit’s predictions. Once 5885 levels were breached, Market fell sharply down near to EquityPandit’s predicted support of 5845 levels for Nifty. Market rebounded from the support and managed to close marginally down.

 

Today: Indian Stock Market to open flat to positive. Now it looks that market is stretched a lot and some short covering (positive trend) would take place. Traders can take buy positions in Nifty with stoploss of 5845-5820 and targets of 5920+ levels for Nifty. Budget is also approaching and market is expected to move positive in days to come. Nifty possess strong support at 5865-5845-5820 levels for Nifty whereas resistance would be seen at 5935-5960-5980.  Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

 

BSE Sensex: (19468) The support for the Sensex is at 19380-19300-19200 and the resistance to the up move is at 19623-19787-19860.

                                           

NSE Nifty: (5887) The support for the Nifty is at 5885-5865-5845-5820 and the resistance to the up move is at 5935-5960-5980

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