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DAILY PREDICTION

Advice for – Monday, October 03, 2011

EP-Basic Package provides daily profits between 1500-5000 to all our subscribers on consistent basis on investment amount of Rs.50,000, irrespective of market direction, with high level of accuracy.

 

Last Trading Session: Exactly as EquityPandit predicted that Indian Stock Market would see sideways movement and would remain in consolidated region with strong support at 4920 levels for Nifty and 16385 for Sensex and same happened. Market opened flat with negative bias and had seen strong supports near EquityPandit’s predicted support levels of 4920 for Nifty and 16385 for sensex and rebounded from there. Anyhow market ended in negative region.

                         

Today: Market likely to open negative gap down with atleast 70+ points down for Nifty and 240+ points down for sensex.Technically market is still in consolidated region but posses strong resistance at 5040 levels for Nifty and strong support at 4883-4850-4800 for Nifty. Breach of any of these support or resistance levels would decide the future market direction and market would see sharp movement in the same direction. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

                                                                                                     

BSE Sensex: (16400) The support for the Sensex is 16050-15985 and the resistance to the up move is at 16756-16865.

                                           

NSE Nifty: (4943) The support for the Nifty is at 4883-4850-4800 and the resistance to the up move is at 5040.

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