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DAILY PREDICTION

Advice for – Wednesday, December 05, 2012

EP-F&O Special package gave huge profits of Rs.35,900/- on one lot traded per call to all its subscribers in last trading session.

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

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative but overall direction for Nifty would be positive where strong resistance would be seen at 5900 levels for Nifty and same happened. Market opened negative as per EquityPandit’s prediction. Market moved up sharply from there and saw strong resistance exactly near EquityPandit’s predicted resistance levels of 5900 for Nifty. Finally market closed positive for the day.

 

Today: Technically, analysis still remains same and Indian Stock Market is still in positive tone until 5820 holds for Nifty. Some profit booking cannot be ruled out at these levels but overall direction would still be positive where immediate resistance may be seen at 5900-5920 whereas strong resistance may be seen at 5950-5970 for Nifty. Support would exist at 5820 for Nifty, below which market would again see downtrend. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19348) The support for the Sensex is at 19110-19050-18940 and the resistance to the up move is at 19440-19630.

                                           

NSE Nifty: (5889) The support for the Nifty is at 5820 and the resistance to the up move is at 5900-5920-5950.

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