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DAILY PREDICTION

Advice for- Tuesday, June 29, 2010

Last Trading Session: As predicted by EquityPandit, Indian Stock Market remained volatile with both positive and negative direction. Anyhow it managed to close in positive with giving strength to market.

 

Today: Technically, market is in uptrend until it holds 5300 and may touch 5400 before seeing some reaction. Some downtrend can’t be ruled out.5325 and 5265 would be strong resistances at this level. Overall Nifty would remain in the range of 4800-5500 for next few months. And as we said earlier, investor should remain invested and should not panic with all these small downtrend and should invest in fundamentally strong companies at cheap rates. Investor should do their own research or take advice of some better advising companies. Traders should take care of all the support and resistance levels.

 

EP-Investor Portal of EquityPandit has recommended SEL Manufacturing was recommended at 55 in just few days back at Rs.55 and it has touched Rs.85 giving profits of 54% and Gremach Infra at Rs.19 few days back and now it has reached 29.80 giving 57% profits. So even now if you have not joined EP-Investor Package, don’t waste time and join it now to get huge profits. Now multiply your wealth with EquityPandit.

 

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Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (17774) The support for the Sensex is 17650 and the resistance to the up move is at 18350.

 

NSE Nifty: (5334) The support for the Nifty is at 5300-5265 and the resistance to the up move is at 5400-5415.

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