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DAILY PREDICTION

Advice for – Wednesday, January 08, 2014

EquityPandit Knowledge Series

EquityPandit has launched EquityPandit Knowledge Series, which would help all our readers to learn and earn huge profits in Stock Market or any market in the world. These tutorial of EquityPandit Knowledge Series would be published every Sunday. We would start Knowledge Series from some basics like “History of Indian Stock Market” and take it forward to Advance Technical Analysis. This tutorial would just take your 5 minutes every Sunday but going forward, it would help you to generate huge wealth in Indian Stock Market / Commodity Market/ Currency Market.

Click here to download your own PDF version of this tutorial.

Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat. Nifty saw lows exactly at EquityPandit’s predicted support levels of 6150. Sensex also saw supports at EquityPandit’s predicted support levels of 20650 levels. Finally market closed negative for the day just above EquityPandit’s predicted support levels at 6150 for Nifty and 20650 levels for Sensex.

Today: Nifty will open positive with 15-30 points. Nifty to see strong support at 6170-6150-6120 whereas strong resistance would be seen at 6225-6250 levels for Nifty. This week market movement would be dependent on IT Giant – Infosys quarterly results and IIP data that is going to be disclosed on Friday. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20693) The support for the Sensex is at 20650-20500 and the resistance to the up move is at 20900-21000 levels.

NSE Nifty(6162) The support for the Nifty is at 6170-6150-6120 and the resistance to the up move is at 6225-6250 levels.

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