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DAILY PREDICTION

Advice for – Monday, September 19, 2011

Profit Note: EP-F&O Special package gave profits of Rs.7,750/- on one lot traded per call  to all its subscribers on last trading session.

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open gap up with 70 points for Nifty and 235 points for sensex and would see immediate resistance at 5150 levels for Nifty and same happened. Market opened gap up with EquityPandit’s predicted levels and saw strong resistance at EquityPandit’s predicted levels of 5150 for Nifty. And finally Market closed flat at 5084 levels for Nifty.

                         

Today: Market likely to open negative with 40-60 points for Nifty and 120-150 points for Sensex. Analysis would remain same as last trading session. Technically, 5150-5200 would act as immediate resistance and 5024-4975 would act as support levels for Nifty. Market would be considered positive until 5024 levels are breached at lower side. Traders can trade long until 5024 holds. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

                                                                                                     

BSE Sensex: (16933) The support for the Sensex is 16612-16498 and the resistance to the up move is at 17127-17167-17212-17256.

                                           

NSE Nifty: (5084) The support for the Nifty is at 5024-4975 and the resistance to the up move is at 5150-5200.

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