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DAILY PREDICTION

Advice for – Monday, January 16, 2012

EP-F&O Special package gave huge profits of Rs.18,900/- on one lot traded on one lot traded per call to all its subscribers on last trading session.

                                  

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open positive with 20-40 points for Nifty and 70-110 points for Sensex and would move up but would see resistance at 4865-4930 levels for Nifty and exactly same happened. Market opened positive with EquityPandit’s predicted levels of 33 points for Nifty and 106 points for Sensex. Market moved positive from there and finally closed positive exactly on EquityPandit’s predicted resistance levels of 4865 for Nifty. Those with financial analyst careers will be familiar with this.

 

  

Today: Market likely to see gap negative opening with 40-60 points for Nifty and 120-160 points for Sensex. Technically analysis would remain same and 4800 is considered as crucial point for Nifty, which if breached by close can result in prolonged negative region once again but again 4800 is immediate support levels and 4743 as strong support levels for Nifty whereas resistance to move up may be seen at the levels of 4930-4950 levels for Nifty. Profit booking would definitely be seen in the market at higher levels but would be temporary. As of now, traders can trade long until 4800 holds for Nifty. A very good time for investors to invest in highly discounted fundamentally strong companies. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. EP-F&O Special package gave profit of Rs.18,900 to all its subscribers on 1 lot traded per call in a single day during Friday trading session.

                                                                                                     

BSE Sensex: (16154) The support for the Sensex is 15960-15908-15730 and the resistance to the up move is at 16382-16430-16600.

                                           

NSE Nifty: (4866) The support for the Nifty is at 4800-4743 and the resistance to the up move is at 4930-4950.

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