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DAILY PREDICTION

Advice for – Monday, May 20, 2013

EP-F&O Special Package gave profits of Rs.11,000/- to all its subscribers in last trading session on 1 lot traded per call.

EP-F&O Special Call given:

1.             Siemens Buy Call gave Profits Rs.11,000

TOTAL PROFITS: Rs.11,000/-

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would see further positive movements and closing above 6186 would give strength to see further positive movements in days to come. Nifty opened flat as per EquityPandit’s predictions. Nifty saw strong resistance near 6186 as per Equitypandit’s predictions and finally managed to close just above resistance levels of 6186, which is a positive signal.

 

Today: Indian Stock Market likely to open positive. Since Nifty closed above resistance levels of 6186, we can see further positive movements in days to come. Nifty possess strong support at 6156-6145-6120 and resistance would be seen at 6201-6233-6300 levels for Nifty. Traders can trade long until Nifty holds 6170 by closing. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (20286) The support for the Sensex is at 20150 and the resistance to the up move is at 20500 levels.

                                          

NSE Nifty: (6187) The support for the Nifty is at 6156-6145-6120 and the resistance to the up move is at 6201-6233-6300 levels.

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