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DAILY PREDICTION

Advice for – Tuesday, March 20, 2012

 

 

Last Trading Session: As predicted by EquityPandit that market would open positive but would be considered in sell mode and can test levels of 5210 for Nifty again in days to come with resistance at 5400 levels for Nifty and 5210 as support levels and same happened. Market opened positive in pre opening but then had seen sharp selling and went down sharply near to EquityPandit’s predicted support levels upto 5240 levels and finally closed just above those levels.

 

Today: Technically, still market is in weak and would see further downtrend in days to come but currently some reaction can be seen in positive direction and some positive movements can be seen. But overall market is still sluggish and would see strong resistance at 5300-5340 levels for Nifty whereas supports would be seen at 5210-5170 levels for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. Traders can take help of EP-Basic Package to earn consistent daily profits in any market direction..

 

BSE Sensex: (17273) The support for the Sensex is 17100-16950 and the resistance to the up move is at 17480-17600.

                                           

NSE Nifty: (5257) The support for the Nifty is at 5210-5170 and the resistance to the up move is at 5300-5340.

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