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DAILY PREDICTION

Advice for – Monday, May 14, 2012

 

 

EP-F&O Special package gave huge profits of Rs.13,575/- on one lot traded per call to all its subscribers in last trading session.

EP-F&O Special Call given

1. TTK PRESTIG May Future Sell Call given on Friday at Rs.2960 for intraday for targets of 2860-2861and targets achieved like a dot- (Profits:Rs.12,375/-) per lot. 
2. CENTRALBK May Future Sell Call given on Thursday at Rs.76 for STBT for targets of 72 but was booked on Friday at 75.4- (Profits:
Rs.1,200/-) per lot

Total Profits: Rs.13,575/-

Click Here for EP-F&O Special Package May 2012 Performance

 

 

 

Last Trading Session: Exactly as predicted by EquityPandit that Indian Stock Market will open negative with 10-30 points for Nifty and 40-80 points for Sensex and breaching the levels of 4950 for Nifty would take market down to next support but would see strong support at the levels of 4915-4900 for Nifty where a strong short covering (positive reaction) would be seen and exactly same happened. Market opened negative with 20 points for Nifty and 65 points for Sensex as per EquityPandit’s prediction. Market fell down sharply and saw strong support near Equitypandit’s predicted support levels of 4915-4900 levels for Nifty, and saw a strong short covering (positive reaction) as expected. Finally market closed deep negative, just above EquityPandit’s support levels.

 

Today: Indian Stock Market likely to open flat. Technically, Indian Stock market is still weak but it is overstretched and can see strong short covering (positive reaction). The positive movement would be seen just as a reaction and would not be considered positive until it breaches 5080 levels with force. Nifty possess strong support at 4900-4850 whereas, strong resistance would be seen at 5000-5030-5075 for Nifty. Traders should be very cautious and trade with strict support and resistance levels. Overall market would be rangebound and would remain in the same range for upcoming days until support and resistance is breached. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

 

Key Results Today: L&T, IVRCL Ltd, JSW Steel, Adani Power, Adani Ports, Ashok Leyland, Alstom T&D, Havells India, Orchid Chemicals, C&C Constructions.

 

BSE Sensex: (16292) The support for the Sensex is 16200-16000 and the resistance to the up move is at 16450-16600-16720.

                                           

NSE Nifty: (4929) The support for the Nifty is at 4900-4850 and the resistance to the up move is at 5000-5030-5075.

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