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DAILY PREDICTION

Advice for – Tuesday, July 26, 2011

Profit Note: EP-F&O Special package gave profits of Rs.5,000 on one lot traded to all its subscribers in last trading session.

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative and 5700 would be strong resistance for Nifty and same happened. Market opened negative and saw positive rally thereafter. Market has seen resistance exactly near EquityPandit’s predicted resistance levels of 5700 for Nifty like a dot.

 

Today: Technically, 5623 has emerged as strong support levels for Nifty and 5775 would be considered as strong resistance levels. Traders can undoubtedly trade long until and unless 5623 holds for Nifty. Since EquityPandit’s predicted support and resistance levels always meet highest level of accuracy, traders are suggested to follow these levels while trading.

                                                                                                     

BSE Sensex: (18871) The support for the Sensex is 18750 and the resistance to the up move is at 18950-19050.

                                    

NSE Nifty: (5634) The support for the Nifty is at 5680-5530 and the resistance to the up move is at 5652-5700.

 

 

Note: Stocks to trade for F&O and cash intraday and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

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