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DAILY PREDICTION

Advice for – Thursday, November 21, 2013

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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat and consolidated in first half of trading session. However in last hour nifty slumped suddenly which took everyone by surprise. Market cracked all its support levels but managed to close just above 6100 mark.

Today: Nifty will likely to open 20-25 points down, somewhere around 6100. However nifty is now looking to heading towards 6000 unless nifty hold 6100 level today. Nifty would see strong support at 6050-6000 levels whereas strong resistance would be seen at 6150-6185 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20635) The support for the Sensex is at 20450 and the resistance to the up move is at 20710-20850 levels.

NSE Nifty(6122) The support for the Nifty is at 6050-6000 and the resistance to the up move is at 6150-6185 levels.

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