Profit Note: EP-F&O Special package gave profits of Rs.23,750 on one lot traded for 2 calls given  to all its subscribers on last trading session, even though market was very bad.

 

Last Trading Session: Exactly as predicted by EquityPandit, that market would open negative gap down and would see support near 5000 for Nifty and 16700 for Sensex at closing and same happened. Market has seen gap down opening and ended exactly above EquityPandit’s predicted levels of 5000 for Nifty and 16700 for Sensex.

Today: Technically, market still looks lethargic and would remain in a consolidated region for few days before taking a sharp up move. 4950 would act as strong support and 5120 as a strong resistance levels. Breaching any of these levels will further decide the direction of market. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (16713) The support for the Sensex is 16551-16412 and the resistance to the up move is at 17000-17241.

NSE Nifty: (5017) The support for the Nifty is at 5000-4950 and the resistance to the up move is at 5120-5200-5250.

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