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DAILY PREDICTION

Advice for – Monday, May 02, 2011

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Last Trading Session: As predicted by EquityPandit, Market would open flat but looks weak and would see strong resistance at 5750 and same happened. Market closed red exactly near EquityPandit predicted support levels of 5750.


Today: Market likely to open flat. Still market looks weak but possesses strong support at 5720-5680. Market would definitely see short covering at those levels and expected to see fresh upmove. Investor can remain invested.


BSE Sensex: (19136) The support for the Sensex is 19100-19000-18930 and the resistance to the up move is at 19225-19413.


NSE Nifty: (5750) The support for the Nifty is at 5720-5700-5680 and the resistance to the up move is at 5820-5875.

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