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DAILY PREDICTION

Advice for – Monday, October 29, 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 see strong support at 5635 levels for Nifty and 18550 levels for Sensex and exactly same happened. Market opened negative as per EquityPandit’s prediction and went down sharply. Nifty saw strong support at EquityPandit’s predicted support levels of 5635 for Nifty and 18550 levels for Sensex. Finally market closed just above EquityPandit’s predicted support levels in negative region.

 

Today: Indian Stock Market likely to open flat. Technically, Indian Stock market is in rangebound region of 5630 and 5730 for Nifty and will see sideways movements between these levels. Breaching any of these levels would further decide the market direction. Breaching levels of 5630 can force market to see levels of 5600-5585, whereas breaching levels of 5730 would push market towards levels of 5775 for Nifty. Traders should wait and look for these levels to take further positions. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

                                                                                                                                               

BSE Sensex: (18625) The support for the Sensex is at 18550-18470 and the resistance to the up move is at 18880-18970-19050.

                                           

NSE Nifty: (5664) The support for the Nifty is at 5630-5600 and the resistance to the up move is at 5730-5775.

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