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DAILY PREDICTION

Advice for – Tuesday, January 17, 2012

EP-Investor recommended stocks gave more than 30% profits in just 15 days

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open gap negative and would see strong support at 4800 levels for Nifty and traders can trade long until 4800 holds for Nifty and exactly same happened. Market opened gap negative and saw profit booking as expected. Market saw strong support at EquityPandit’s predicted levels for Nifty, from where it moved up sharply and finally closed flat with positive bias.

                         

Today: Market likely to open positive gap up with 30-50 points for Nifty and 110-150 points for Sensex. Technically, market should move up in upcoming days and our next target is 4930 for Nifty. Market is strong at present. Definitely some profit booking would be seen at higher levels but it would be temporary due to psychological fear. Overall market is positive. As of now, 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. EP-Investor Package booked huge profits for its subscribers yesterday giving 30% profits in just 15 days.

                                                                                                     

BSE Sensex: (16189) The support for the Sensex is 16037-15960-15908 and the resistance to the up move is at 16382-16430-16600.

                                           

NSE Nifty: (4874) The support for the Nifty is at 4800-4743 and the resistance to the up move is at 4930-4950.

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