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DAILY PREDICTION

Advice for – Tuesday, May 06, 2014

EP-BankNifty Package is one of the huge profit giving package by capturing long trends in BankNifty without any hectic activity of trading. Exceptional profits expected during Poll Results 2014. Subscribe EP-BankNifty Package and multiply your wealth.


Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat. Nifty saw highs exactly near EquityPandit’s predicted resistance levels of 6750 whereas lows were seen exactly at EquityPandit’s predicted support levels of 6680 like a dot. Sensex also saw highs exactly at EquityPandit’s predicted resistance levels of 22600. Traders, who have followed EquityPandit’s predicted support and resistance levels might have earned handsome profits yesterday. Finally, market closed flat with positive bias for the day.

Today: Indian Stock Market to open positive. Technically, 6750-6780-6800 would still act as a strong resistance for Nifty whereas supports would be seen at 6680-6650-6620. Nifty would remain rangebound due to uncertainty of exit polls. Breaching EquityPandit’s predicted support or resistance levels would force Nifty to see a breakout or breakdown. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Important Results to be declared today: Gati, Gillette India, Gujarat Pipavav, HDFC, JM Financial, MAH HOLIDAY, TITAN, Vijaya Bank, Voltamp Trans.

NSE Nifty: (6699) The support for the Nifty is at 6680-6650-6620 and the resistance to the up move is at 6750-6780-6800 levels.

BSE Sensex: (22445) The support for the Sensex is at 22340-22280-22200 and the resistance to the up move is at 22600-22680-22875 levels.

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