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DAILY PREDICTION

Advice for – Thursday, February 28, 2013

EP-F&O Special package gave whooping profits of Rs.7,500/- on one lot traded per call to all its subscribers in last trading session.

EP-F&O Special Calls given:

1.       RANBAXY Sell Call gave Profits Rs.7500

 

TOTAL PROFITS: Rs.7,500/- per lot traded.

 

Click Here to See EP-F&O Special Performance Sheet (Till Date)

 

 

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat with positive bias and would see strong support at 18970 levels for Sensex but market should see some short covering (Positive trend), which would take Nifty to 5920 levels and Sensex to 19200 levels, which would again act as resistance levels for Nifty and Sensex respectively and exactly same happened. Market opened flat with positive bias as per EquityPandit’s prediction. Market went down sharply but saw strong support exactly at EquityPandit’s predicted support levels of 18970 levels like a dot. Nifty moved positive as EquityPandit predicted short covering (Positive Trend), which took Market exactly to EquityPandit’s predicted resistance levels of 5920 for Nifty and 19200 levels for Sensex. Finally market closed just below those resistance levels.

 

Today: Indian Stock Market likely to open gap positive. Today is the big day with two major events – Union Budget and F&O Expiry. Market would see high volatility. Market is expected to move in both directions, where EquityPandit expects market to move higher, before Budget and lower, after budget. So, today would be a non-trading day else day traders should exit as soon as they see profits without waiting for long. All news today would dictate market direction. Nifty would see movement between 5700-5900 levels, which would act as support and resistance levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

 

BSE Sensex: (19152) The support for the Sensex is at 18970-18880-18740 and the resistance to the up move is at 19380-19450-19600 levels.

                                           

NSE Nifty: (5797) The support for the Nifty is at 5745-5700 and the resistance to the up move is at 5835-5880-5900 levels.

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