Signals, Powered By EquityPandit
Last Trading Session: As predicted by EquityPandit, Market saw further positive trends and would see support at 5300 levels and strong resistance at 5400 levels for Nifty and 17780 for Sensex and same happened. Market opened positive and saw strong resistance near 5400 levels for Nifty as predicted by EquityPandit. Market remained highly volatile and trade in small consolidated region as expected by EquityPandit. Market saw strong support near 5300 levels for Nifty. Sensex also saw strong resistance at EquityPandit’s predicted resistance levels of 17780 like a dot. Finally market closed positive for the day.
Today: Market likely to open positive with 40-60 points for Nifty and 140-180 points for Sensex. Market would remain in consolidated region with high volatility. Nifty to see strong support at 5300 for Nifty and resistance levels of 5400-5450 for Nifty. Traders can trade long until 5300 holds for Nifty. Market would be highly volatile due to Union Budget, this week hence traders are suggested to trade in small quantity. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. Traders can take help of EP-Basic Package to earn consistent daily profits in any market direction. Today, you can subscribe to EP-Basic Package at Rs.800* per month instead of Rs.4000 per month. See details at EquityPandit’s Biggest Ever Offer at www.equitypandit.com
March-2012 Updates: Market would be highly volatile with the series of news coming ahead; March is a critical month as RBI credit policy review to be held on March 15, and Union Budget on March 16. The market is going to be extremely volatile just before Budget.
BSE Sensex: (17588) The support for the Sensex is 17450-17300 and the resistance to the up move is at 17780-17890-18005.
NSE Nifty: (5360) The support for the Nifty is at 5300 and the resistance to the up move is at 5400-5450.
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