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DAILY PREDICTION

Advice for – Monday, October 15, 2012

EP-F&O Special package made profits of about Rs.4.86 lakhs for all its subscribers in last month (September 2012) on 1 lot traded per call. Performance Sheet can be downloaded Here

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

 

 

 

Last Trading Session: Indian Stock Market opened positive for pre-market session and then moved down. As predicted by EquityPandit that market will see strong support at 5670 for Nifty and exactly same happened. Market moved down and saw strong support at EquityPandit’s predicted levels of 5670 for Nifty. Finally market closed just above EquityPandit’s predicted support levels.

 

Today: Indian Stock Market to open flat. Market would be considered positive until it holds 5660-5635 levels for Nifty, breaching which, Nifty can test levels of 5600-5585. Resistance would still be 5725-5785 for Nifty. Axis Bank and Reliance Industries results, which are going to get disclosed today would set the market direction for today. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

                                                                                                                                               

BSE Sensex: (18675) The support for the Sensex is at 18550-18470 and the resistance to the up move is at 18970-19050-19110.

                                           

NSE Nifty: (5676) The support for the Nifty is at 5660-5635-5600 and the resistance to the up move is at 5725-5785.

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