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DAILY PREDICTION

Advice for – Friday, November 02, 2012

EP-F&O Special package made profits of about Rs.4.86 lakhs for all its subscribers in last month (September 2012) on 1 lot traded per call. Performance Sheet can be downloaded Here

EP-Basic Package is one of the most famous package among Indian traders .

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative and would move in rangebound region where resistance would exist at 5640-5680 levels for Nifty and same happened. Market opened negative as per EquityPandit’s prediction and then short covering took place which took market near EquityPandit’s predicted resistance levels of 5640. Finally, market were able to breach those levels and ended positive for the day.

 

Today: Indian Stock Market likely to open gap positive with 30-50 points for Nifty and 80-150 points for Sensex. Today Nifty is expected to touch levels of 5680-5700. Technically, since nifty had entered into zone of 5630-5700, hence Nifty should see support at 5630 whereas resistance would be seen at 5680-5700-5730 for Nifty. Traders can go long from here with 5630 as stoploss for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

                                                                                                                                               

BSE Sensex: (18562) The support for the Sensex is at 18504-18430-18380 and the resistance to the up move is at 18700-18800-18880.

                                           

NSE Nifty: (5645) The support for the Nifty is at 5630-5600 and the resistance to the up move is at 5680-5700-5730.

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