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DAILY PREDICTION

Advice for – Thursday, October 25, 2012

EP-F&O Special package made profits of about Rs.4.86 lakhs for all its subscribers in last month (September 2012) on 1 lot traded per call. Performance Sheet can be downloaded Here

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

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would see strong resistance at 5725-5755 whereas support would be seen at 5660 and same happened. Market opened flat and saw strong resistance near EquityPandit’s predicted resistance levels of 5725 for Nifty, which led profit booking. Finally market closed in negative region.

 

Today: Indian Stock Market likely to open positive with 10-30 points for Nifty and 30-80 points for Sensex. Today is F&O Expiry day and traders are suggested to go long for November series at every dip. Now market may see volatility for next 2-3 days and then we would see positive movements in the market for November series. Nifty now possess strong resistance at 5725-5755-5775 whereas support may be seen at 5660-5635 for Nifty. It looks like, if nifty manage to stay above 5635 then we may see levels of 5775 in next few days. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

                                                                                                                                               

BSE Sensex: (18710) The support for the Sensex is at 18600-16550-18470 and the resistance to the up move is at 18880-18970-19050.

                                           

NSE Nifty: (5691) The support for the Nifty is at 5660-5635 and the resistance to the up move is at 5755-5775.

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