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DAILY PREDICTION

Advice for – Tuesday, August 27, 2013

EP-F&O Special Package gave profits of Rs. 11,100 /- to all its subscribers in last trading session on 1 lot traded per call.

EP-F&O Special Package Latest Performance can be downloaded here.

 

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Last Trading Session: Exactly as predicted by EquityPandit that market would open positive and would see further short covering (Positive movements) but would see strong resistance at 18720 levels for Sensex and exactly same happened. Market opened positive as per EquityPandit’s predictions. Market saw strong short covering (positive movements) after opening but saw high exactly at EquityPandit’s predicted resistance levels of 18720 levels for Sensex and then shadowed down all the gains later during the day to close flat for the day but EquityPandit generated huge profits for its subscribers.

 

Today: Indian Stock Market to open negative. Technically, analysis would still remain same. Market is near F&O Expiry and hence we would see huge volatility in a rangebound region. Market could be a short opportunity once it breaches 5250 levels for Nifty in negative region and can be a long opportunity once it breaches 5600 levels in the positive region. Till then market would be in trading range and traders can trade based on EquityPandit’s predicted support and resistance levels. Nifty would see strong support at 5360-5300-5250 whereas resistance to upmove would be seen at 5530-5550-5580 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: (18558) The support for the Sensex is at 18380-18200 and the resistance to the up move is at 18600-18720-18880 levels.

                                          

NSE Nifty: (5476) The support for the Nifty is at 5360-5300-5250 and the resistance to the up move is at 5530-5550-5580 levels.

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