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DAILY PREDICTION

Advice for – Monday, January 3, 2011

Last Trading Session: As EquityPandit predicted that market would open with positive trends and also it would close positive on the last day of the year. Same happened as predicted. Finally a breakout was seen and market ended with sharp positive trends.

 

Today: Market likely to open positive. Market direction is positive and looks strong. Strong support exists at 6050. But Investors keep on investing at every downtrend. Investors who have already invested should keep patience as the upmove is sure to happen. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.  

 

BSE Sensex: (20509) The support for the Sensex is 20400 and the resistance to the up move is at 20570-20650.

                                    

NSE Nifty: (6135) The support for the Nifty is at 6050 and the resistance to the up move is at 6147-6255.

EP-Investor Update:     MERCATOR LINES recommended by EP-Investor at Rs.49, 2 weeks back touched its 1st target of Rs.59. Still stock looks positive and can see Rs.65-70 levels.

 

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EP-Investor is flagship product of EquityPandit.

 

Note: Stocks to trade for F&O and cash intraday and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

  

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