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DAILY PREDICTION

Advice for – Wednesday, February 19, 2014

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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock market opened flat with 2 points negative for Nifty. As predicted by EquityPandit that breaching levels of 6105 for Nifty would force market to see sharp positive movement and exactly same happened. Market saw sharp positive movement and managed to close just below Equitypandit’s predicted resistance levels of 6130 for Nifty and 20660 levels for Sensex.

Today: Indian Stock Market to open flat. Technically, Indian Stock Market has seen positive breakout and now 6100-6080-6050 would act as support for Nifty spot levels whereas resistance would be seen at 6140-6180-6200 spot levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Important Q3 Results to be disclosed today: Esab India, Thomas Cook. 

NSE Nifty: (6127) The support for the Nifty is at 6100-6080-6050 and the resistance to the up move is at 6140-6180-6200 levels.

BSE Sensex: (20634) The support for the Sensex is at 20330-20150-20075 and the resistance to the up move is at 20500-20660 levels.

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