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DAILY PREDICTION

Advice for – Tuesday, May 28, 2013

EP-Basic Package is one of the most famous package among Indian traders .

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and Nifty would see resistance at 6000 levels, breaching which Nifty can see sharp positive movements and exactly same happened. Market opened flat as per Equitypandit’s predictions. Market breached resistance of 6000 which forced market to move sharply positive as per EquityPandit’s predictions. Finally, Nifty closed gap positive for the day.

 

Today: Indian Stock Market likely to open positive. Volatility can’t be ruled out due to F&O Expiry week. Nifty possess strong support at 6045-6020-5970 levels whereas resistance would be seen at 6128-6156-6188 levels for Nifty. Market can see further positive movements until 6045 holds for Nifty. Profit booking would be seen at higher levels near EquityPandit’s predicted resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (20031) The support for the Sensex is at 19900-19850-19700 and the resistance to the up move is at 20250-20330-20500 levels.

                                          

NSE Nifty: (6083) The support for the Nifty is at 6045-6020-5970 and the resistance to the up move is at 6128-6156-6188 levels.

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