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DAILY PREDICTION

Advice for – Saturday, May 11, 2013 (Special Session)

(Today is a special trading session from 11:15 AM to 12:45 PM)

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would move further positive but 6100 would act as strong resistance for Nifty and exactly same happened. Market opened flat as per EquityPandit’s predictions and moved sharply positive as per predictions. Market saw high exactly at EquityPandit’s predicted resistance levels of 6100 like a dot. Finally market closed just below EquityPandit’s predicted resistance levels.

Today: Indian Stock Market likely to open positive. Technically, Market is in positive momentum and breaching 6105 with force, may take market to higher levels and would be able to sustain at higher levels. Nifty would remain positive and see further positive trends until Nifty holds 6070-6080 levels. Nifty possess strong support at 6070-6080 whereas strong resistance would be seen at 6130-6140. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20083) The support for the Sensex is at 20000-19850 and the resistance to the up move is at 20183-20250 levels.

NSE Nifty(6095) The support for the Nifty is at 6070-6080 and the resistance to the up move is at 6130-6140 levels.

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