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DAILY PREDICTION

Advice for – Monday, March 04, 2013

Profit Note:

EP-F&O Special Package gave profits of Rs.2,73,300/- in last 25 days on 1 lot traded per call.

Click Here to See EP-F&O Special Performance Sheet (Till Date)

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and some short covering would come into play but 5750 would act as strong resistance for Nifty and exactly same happened. Market opened flat as per EquityPandit’s predictions and saw some short covering. Market saw strong resistance at EquityPandit’s predicted resistance levels of 5750 for Nifty and fell down from there. Finally Nifty closed above 5700 at 5720 levels.

 

Today: Indian Stock Market likely to open negative. Technically, analysis remains same and Nifty would see immediate resistance at 5750 levels and strong resistance at 5780-5800 levels for Nifty whereas support would be seen at 5670-5645-5580 levels for Nifty. Every upmove is a selling opportunity until Nifty breaches Equitypandit’s predicted resistance levels. Technically, 5600 is possible in upcoming days but next 1-2 days movement would confirm further direction of the market. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

 

BSE Sensex: (18919) The support for the Sensex is at 18820-18780-18600 and the resistance to the up move is at 19000-19075-19110 levels.

                                           

NSE Nifty: (5720) The support for the Nifty is at 5670-5645-5580 and the resistance to the up move is at 5750-5780-5800 levels.

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