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DAILY PREDICTION

Advice for – Tuesday, January 25, 2011

Last Trading Session: As EquityPandit predicted that market can see some more upside as a result of short covering and same happened. Market moved in positive region as expected. Market was very volatile and closed postive.

 

Today: Indian Stock Market likely to open in positive region. Technically, Still market look positive and next target would be 5800-5835 for Nifty but results of big companies would definitely affect the direction of the market. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.  

 

BSE Sensex: (19151) The support for the Sensex is 19000 and the resistance to the up move is at 19250-19350-19500.

                                    

NSE Nifty: (5743) The support for the Nifty is at 5715 and the resistance to the up move is at 5800-5835-5885.

 

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