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DAILY PREDICTION

Advice for – Wednesday, January 11, 2012

EP-F&O Special package gave huge profits of Rs.9,000/- on one lot traded on one lot traded per call to all its subscribers on last trading session.

Last Trading Session: Exactly as predicted by EquityPandit that market would open positive with atleast 20-40 points for Nifty and 100 points for Sensex and if it breaches 4785 on the positive side than would trigger lengthened positive duration and exactly same happened. Market opened positive with 40 points for Nifty and since breached 4785 levels for Nifty hence moved up sharply. Market saw some resistance at EquityPandit’s predicted resistance levels of 4820 but breached it to end below our strong resistance of 4865. Sensex also saw high of the day(16181) just below EquityPandit’s predicted resistance levels of 16186.

Today: Today, Market likely to open flat with positive bias. Market ended strong yesterday and now has entered in the region of strength. We can see further upmove now. Nifty posses immediate support at 4800 and strong support at 4743 whereas resistance to move up may be seen at the levels of 4865-4930-4950 levels for Nifty. Traders can trade long until 4800 holds for Nifty. A very good time for investors to invest in highly discounted fundamentally strong companies. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (16165) The support for the Sensex is 16000-15908-15730 and the resistance to the up move is at 16382-16430-16600.

NSE Nifty: (4850) The support for the Nifty is at 4800-4743 and the resistance to the up move is at 4865-4930-4950.

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