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DAILY PREDICTION

Advice for – Monday, March 25, 2013

EP-F&O Special Package gave profits of Rs.2,87,000/- in last 1 month on 1 lot traded per call. Click Here to See EP-F&O Special Performance Sheet

 

Last Trading Session: Indian Stock Market opened flat and saw support at 5635 levels from where a strong upmove was seen due to 12 FDI approval by government but Nifty saw strong resistance near EquityPandit’s predicted resistance levels of 5700 for Nifty. Finally market closed in negative region.

 

Today: Indian Stock Market to open positive. Huge volatility is expected due to F&O Expiry and short trading week. Strong support exists at 5635-5620-5590 for Nifty whereas resistance would be 5700-5760 for Nifty. Nifty would be considered positive until it holds levels of 5590 for Nifty and traders can go long with strong stoploss at 5590 for Nifty. If Nifty breaches levels of 5590 while closing then a sharp down fall can be seen in days to come else Nifty can move to higher levels in upcoming days. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (18736) The support for the Sensex is at 18660-18616-18502 and the resistance to the up move is at 18880-18950-19075 levels.

                                           

NSE Nifty: (5651) The support for the Nifty is at 5635-5620-5590 and the resistance to the up move is at 5700-5760 levels.

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