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DAILY PREDICTION

Advice for – Thursday, May 03, 2012

EP-F&O Special package gave huge profits of Rs.21,000/- on one lot traded per call to all its subscribers in last trading session.

Last Trading Session: Exactly as predicted by EquityPandit that market likely to open positive with 20-40 points for Nifty and 80-140 points for Sensex and would see levels of 5280 in upcoming days whereas support would be seen at 5200 and exactly same happened. Market opened positive with EquityPandit’s predicted levels of 30 points for Nifty and 80 points for Sensex. Market saw high of EquityPandit’s predicted levels of 5280 for Nifty. Market fell down sharply due to heavy selling. Finally market closed flat with negative bias.

 

Today: Market likely to open flat. Indian Stock Market likely to remain rangebound and may move positive until 5200 holds for Nifty. Breaching levels of 5200 can take market down to 5180-5165-5135 levels. Nifty possess immediate support at 5200 levels and strong supports at 5180-5165 levels, whereas strong resistance would be seen at 5280-5300-5315 levels. Investors can consider every downtrend as an opportunity to invest. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

 

BSE Sensex: (17302) The support for the Sensex is 17200 and the resistance to the up move is at 17422-17504-17600.

                                           

NSE Nifty: (5239) The support for the Nifty is at 5200 and the resistance to the up move is at 5280-5300-5315.

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