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DAILY PREDICTION

Advice for – Wednesday, January 29, 2014

Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat with 4 points negative for Nifty. Nifty saw lows exactly near EquityPandit’s predicted support levels of 6080 like a dot and bounced from there to close flat for the day.

Today: Indian Stock Market to open flat. Market would see huge volatility ahead of F&O Expiry. Some short covering can’t be ruled out at this point of time but the trend is still negative. Technically, 6100-6080-6050 would act as next support for Nifty whereas resistance would be seen at 6200 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: Bharti Airtel, Century Textiles, Crompton Greaves, GAIL India, Havells, ICICI Bank, India Infoline, INOX Leisure, IOB, Karur Vysya Bank, National Alum, Noida Toll, Shriram Trans, Tata Global, Titan, TVS motor, VIP Industries, Zee Learn.

BSE Sensex: (20684) The support for the Sensex is at 20640-20500 and the resistance to the up move is at 21000-21270 levels.

NSE Nifty: (6126) The support for the Nifty is at 6100-6080-6050 and the resistance to the up move is at 6200 levels.

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