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DAILY PREDICTION

Advice for – Tuesday, October 09, 2012

EP-F&O Special package made profits of about Rs.4.86 lakhs for all its subscribers in last month (September 2012) on 1 lot traded per call. Performance Sheet can be downloaded Here

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

 

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would see further profit booking but would see strong support at 5670 levels for Nifty and exactly same happened. Market opened flat and saw strong profit booking as predicted by EquityPandit. Market saw low exactly at EquityPandit’s predicted support levels of 5670 for Nifty like a dot. Finally market closed just above EquityPandit’s predicted support levels.

 

Today: Indian Stock Market likely to open positive. Eurozone crises and weak economic growth had turned market direction down but it is temporary. Once the level of 5670 is breached for Nifty, next major support would be seen at 5620-5600 whereas resistance would be seen at 5720-5755. But overall market would be positive and there are chances that Nifty may see levels of 6000 by Diwali. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

                                                                                                                                               

BSE Sensex: (18708) The support for the Sensex is at 18550-18470 and the resistance to the up move is at 18910-19050.

                                           

NSE Nifty: (5676) The support for the Nifty is at 5670-5620-5600 and the resistance to the up move is at 5720-5755.

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