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DAILY PREDICTION

Advice for – Wednesday, December 19, 2012

EP-F&O Special package gave huge profits of Rs.23,650/- 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 positive with 10-35 points for Nifty and 30-100 points for Sensex and RBI would see no rate cut, which would led market to fall near 5840 levels for Nifty and strong resistance would be seen at 5906 levels for Nifty and exactly same happened. Market opened positive exactly with EquityPandit’s predicted levels of 21 points for Nifty and 80 points for Sensex. As per EquityPandit’s prediction, RBI have given no rate cut, which led market to breach levels of 5840 for Nifty. Finally, RBI statement to provide rate cut by January pushed market up and market saw resistance exactly at EquityPandit’s predicted resistance levels of 5906 like a dot.

 

Today: Indian Stock Market may see positive opening with 8-30 points for Nifty and 25-90 points for Sensex. Technically, market may see some further positive movements but at higher levels near 5925-5950 for Nifty, market would lose its momentum. Overall market would remain rangebound with strong resistance at 5950-5965-6000 levels for Nifty. Supports may be seen at 5840 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19364) The support for the Sensex is at 19200-19000 and the resistance to the up move is at 19440-19600-19700.

                                           

NSE Nifty: (5896) The support for the Nifty is at 5840 and the resistance to the up move is at 5925-5950-5965.

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