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DAILY PREDICTION

Advice for – Friday, November 23, 2012

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Last Trading Session: Exactly as predicted by EquityPandit that market would open positive with 10-35 points for Nifty and 30-100 points for Sensex and would see strong upmove if it is able to stay above 5630 for Nifty for some time else it would again enter the rangebound region and trade should not be taken and exactly same happened. Market opened positive exactly with EquityPandit’s predicted levels of 12 points for Nifty. Since Nifty was not able to sustain above 5630, which was its resistance level as predicted by EquityPandit, hence it closed just below those levels. Sensex also saw high exactly at EquityPandit’s predicted levels of 18550 levels and closed below those levels.

 

Today: Technically, trade should only be taken if market stays above 5630 levels for long else shorts can be taken below 5600 levels. Nifty would see strong resistance at 5630-5670 for Nifty, whereas supports would be seen at 5600-5550 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

Indian Market would see huge volatility in the rangebound region but EquityPandit is sure to generate huge profits for its subscribers. Subscribe now and Enjoy huge profits with EquityPandit in any market direction.

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BSE Sensex: (18517) The support for the Sensex is at 18380-18300-18265 and the resistance to the up move is at 18550-18600-18740.

                                           

NSE Nifty: (5628) The support for the Nifty is at 5600-5550 and the resistance to the up move is at 5630-5670-5720.

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