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Advice for – Monday, January 27, 2014

EquityPandit Knowledge Series

EquityPandit has launched EquityPandit Knowledge Series, which would help all our readers to learn and earn huge profits in Stock Market or any market in the world. These tutorial of EquityPandit Knowledge Series would be published every Sunday. We would start Knowledge Series from some basics like “History of Indian Stock Market” and take it forward to Advance Technical Analysis. This tutorial would just take your 5 minutes every Sunday but going forward, it would help you to generate huge wealth in Indian Stock Market / Commodity Market/ Currency Market.

Tutorial-2: Why does Companies List their shares on Stock Market and how does the share trades?

Click here to download your own PDF version of this tutorial.

 

Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened gap negative with 44 points for Nifty. Profit booking was seen as predicted by Equitypandit. Nifty breached levels of 6300, which forced Nifty to see levels near EquityPandit’s predicted next support levels of 6250. Finally, market closed in negative region at 6267 levels.

Today: Indian Stock Market to open gap negative with more than 50 points for Nifty and would breach it’s immediate support of 6250 by opening. Technically, now the trend is negative and Nifty may see levels of 6200 today. Nifty would see immediate support at 6180-6130 levels whereas resistance would be seen at 6305 levels for Nifty. Tomorrow, if RBI surprises the streets by it’s policy, then only we can see some positive instances in the market else the trend would remain negative. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Important Q3 Results to be disclosed today: Adani Ports, Adani Power, Allahabad Bank, Escorts, Hindustan Unilever, Idea Cellular, Just Dial, Lanco Inds, Shree Cement, Sundaram Finance, Tata Elexi, Welspun India.

BSE Sensex: (21134) The support for the Sensex is at 21000-20880-20700 and the resistance to the up move is at 21270-21380 levels.

NSE Nifty: (6267) The support for the Nifty is at 6180-6130 and the resistance to the up move is at 6305 levels.

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