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DAILY PREDICTION

Advice for – Tuesday, August 07, 2012

EP-F&O Special package gave huge profits of Rs.7,000/- on one lot traded per call to all its subscribers in last trading session.

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open positive with 40-60 points for Nifty and 140-200 points for Sensex and market would see positive momentum with strong resistance at 5300 levels for Nifty and exactly same happened. Market opened gap positive with EquityPandit’s predicted levels of 44 points for Nifty. Market moved positive throughout the day as predicted by EquityPandit. Market saw strong resistance at EquityPandit’s predicted resistance level of 5300 for Nifty.

 

Today: Indian Stock Market likely to open 10-30 points positive for Nifty and 40-100 points for Sensex. Indian Stock Market still in positive momentum and can see further positive movements in days to come. After achieving EquityPandit’s previous target of 5275, now nifty would head towards our next targets of 5300-5330-5350. Nifty would see strong resistance near 5305-5330-5350 for Nifty whereas support would be seen at 5250 levels for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

 

Key results to be declared today: Aurobindo Pharma, Balrampur Chini, Bombay Dyeing, Great Offshore, J&K Bank, NHPC, Punj Lloyd, Sobha Developers, Tata Chemicals and United Breweries.

 

BSE Sensex: (17413) The support for the Sensex is at 17380-17200 and the resistance to the up move is at 17505-17600-17770.

                                           

NSE Nifty: (5283) The support for the Nifty is at 5250 and the resistance to the up move is at 5305-5330-5350.

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