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DAILY PREDICTION

Advice for – Thursday, October 04, 2012

EP-Basic Package is one of the most famous package among Indian traders .

 

 

 

Last Trading Session: Indian Stock Market opened positive and as predicted by EquityPandit that market would remain rangebound with sideways movements and same happened. Market traded in a small range throughout the trading session between EquityPandit’s predicted support and resistance levels. Finally market closed positive for the day. Sensex also saw resistance exactly at EquityPandit’s predicted resistance levels of 18880.

 

Today: Indian Stock Market likely to open flat. Technically, analysis would still remain same. Overall direction of Market is positive but some profit booking can’t be ruled out at higher levels near resistances. Nifty would see strong support at 5695-5640 whereas resistance would be seen at 5770-5810. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

                                                                                                                                               

BSE Sensex: (18870) The support for the Sensex is at 18745-18540-18380 and the resistance to the up move is at 19000-19110-19250.

                                           

NSE Nifty: (5731) The support for the Nifty is at 5690-5640 and the resistance to the up move is at 5770-5810-5870.

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