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DAILY PREDICTION

Advice for – Tuesday, April 16, 2013

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 gap negative but would possess strong support at 5500 levels for Nifty and 18170 levels for Sensex and market would remain rangebound between EquityPandit’s predicted support and resistance levels and exactly same happened. Market opened gap negative as per EquityPandit’s predictions. Market saw lows exactly at EquityPandit’s predicted support levels of 5500 for Nifty and 18170 levels for Sensex like a dot. Finally market rebounded from there but remained rangebound as expected and closed just below EquityPandit’s predicted resistance levels.

 

Today: Indian Stock Market likely to open gap negative. RIL would disclose its results today, which would decide further market direction. Nifty would be considered positive only once it closes above 5610 levels for Nifty. For Now, Nifty would see strong support at 5500-5480-5445 levels for Nifty whereas resistance would be seen at 5600-5627-5670 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: (18358) The support for the Sensex is at 18170-18075-18000 and the resistance to the up move is at 18540-18740 levels.

                                          

NSE Nifty: (5565) The support for the Nifty is at 5500-5480-5445 and the resistance to the up move is at 5600-5627-5670 levels.

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