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DAILY PREDICTION

Advice for – Wednesday, December 04, 2013

EP-Basic Package maintains high accuracy of 95+% consistently.

Last Trading Session: Exactly as per EquityPandit’s Predictions, Indian Stock Market opened flat with negative bias. Market saw highs exactly near EquityPandit’s predicted resistance levels of 6229 for Nifty. Market consolidated in a rangebound region. Finally market closed negative for the day but above 6200 levels for Nifty.

Today: Nifty will likely to open negative with 25+ points. Technically, Analysis would still remain same and Nifty would see resistance near 6229-6279 levels. Breaching levels of 6229 would see a technical breakout and Nifty can again resume a sharp positive movements. But breaching levels of 6170 by closing would be negative for Nifty. Nifty would see strong support at 6170-6150 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20855) The support for the Sensex is at 20700-20550 and the resistance to the up move is at 20940-21000-21080 levels.

NSE Nifty(6202) The support for the Nifty is at 6170-6150 and the resistance to the up move is at 6229-6279 levels.

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