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DAILY PREDICTION

Advice for – Tuesday, November 30, 2010

Last Trading Session: As EquityPandit predicted market has seen short covering and closed in green.

 

Today: Market still looks weak and every upmove may see profit booking. Short covering would take place at different levels. Market would remain in consolidated region for some time. 5750-5725 would be strong support for Nifty. 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.  

 

This is the good time to invest in fundamentally strong companies as anytime we can expect sharp upmove. So keep on investing small-small amount in fundamentally strong companies which are available at discounts. Else, subscribe to EP-Investor Package to know about fundamentally strong shares available at damn cheap rates and which would give huge profits in small time duration.

 

BSE Sensex: (19405) The support for the Sensex is 19160 and the resistance to the up move is at 19470-19775.

                                    

NSE Nifty: (5830) The support for the Nifty is at 5750-5725 and the resistance to the up move is at 5850-5900.

 

 

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