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

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Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and would see strong support at 5635 levels for Nifty and 18550 levels for Sensex and would remain rangebound between 5630 and 5730 levels for Nifty and exactly same happened. Market opened flat as per EquityPandit’s prediction and remained rangebound throughout the day between EquityPandit’s predicted levels. Nifty saw strong support at EquityPandit’s predicted support levels of 5630 for Nifty and 18550 levels for Sensex. Finally market closed flat for the day.

Today: Indian Stock Market likely to open flat with positive bias. Analysis would remain same. RBI Policy would drive the market today in either direction. Technically, Indian Stock market is in rangebound region of 5630 and 5730 for Nifty and will see sideways movements between these levels. Breaching any of these levels would further decide the market direction. Breaching levels of 5630 can force market to see levels of 5600-5585, whereas breaching levels of 5730 would push market towards levels of 5775 for Nifty. Traders should wait and look for these levels to take further positions. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (18636) The support for the Sensex is at 18550-18470 and the resistance to the up move is at 18880-18970-19050.

NSE Nifty: (5666) The support for the Nifty is at 5630-5600 and the resistance to the up move is at 5730-5775.

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