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DAILY PREDICTION

Advice for – Monday, May 27, 2013

EP-Basic Package is one of the most famous package among Indian traders .

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and Nifty would see sideways movement in range bound region and short covering would be seen at lower levels near support of 5945 levels and exactly same happened. Market opened flat as per EquityPandit’s predictions and went sharply down near to EquityPandit’s predicted support levels. Nifty saw a sharp short covering from there as predicted and finally close positive for the day. Sensex also saw lows exactly near Equitypandit’s predicted support levels of 19540 and highs at EquityPandit’s predicted resistance levels of 19850.

 

Today: Indian Stock Market likely to open flat. Nifty possess strong support at 5935-5920-5908 levels whereas resistance would be seen at 6000-6020-6050 levels for Nifty. Market would remain highly volatile due to F&O Expiry week and breaching EquityPandit’s predicted supports or resistance levels would decide further direction of market. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19704) The support for the Sensex is at 19540-19380 and the resistance to the up move is at 19850-20000 levels.

                                          

NSE Nifty: (5984) The support for the Nifty is at 5935-5920-5908 and the resistance to the up move is at 6000-6020-6050 levels.

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