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DAILY PREDICTION

Advice for – Monday, September 17, 2012

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

 

EP-F&O Special package made profits of Rs.1,71,250/- for all its subscribers in last 15 days on 1 lot traded per call. Performance Sheet can be downloaded Here

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open gap positive and Nifty can move above 5550 levels whereas strong resistance would be seen at 5600 for Nifty and exactly same happened. Market opened gap positive and moved further positive to cross 5550 levels for Nifty as predicted by EquityPandit but closed below EquityPandit’s predicted resistance levels of 5600 for Nifty.

 

Today: Market likely to open positive. Indian Stock Market to move further positive due to government decision of opening Aviation, Retails and cables sector for FDI. RBI Meet may further infuse the fire in the rally, if anyhow the surprise the market but chances are very less that RBI may cut any rates due to high inflation numbers. Nifty would see some resistance at 5600, crossing which strong resistance may be seen at 5650 for Nifty. Support would be seen at 5550-5500 for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

                                                                                                                                               

BSE Sensex: (18464) The support for the Sensex is at 18330 and the resistance to the up move is at 18600-18800.

                                           

NSE Nifty: (5578) The support for the Nifty is at 5550-5500 and the resistance to the up move is at 5600-5650.

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