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DAILY PREDICTION

Advice for – Thursday, December 20, 2012

EP-F&O Special package gave huge profits of Rs.11,000/- on one lot traded per call to all its subscribers in last trading session.

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 positive 30 points for Nifty and 30-90 points for Sensex and would see further positive movements but at higher levels between 5925 and 5950, market would lose its momentum and exactly same happened. Market opened positive with exactly at EquityPandit’s predicted levels of 30 points for Nifty and 70 points for Sensex. Nifty saw further positive movements exactly as per EquityPandit’s prediction and lost its momentum between EquityPandit’s predicted levels of 5925-5950 for Nifty. Finally market ended exactly at EquityPandit’s predicted resistance levels for Nifty.

 

Today: Indian Stock market likely to open flat with negative bias. Indian Stock Market may see some further positive movements but profit booking would surely come at EquityPandit’ predicted resistance levels. Gujarat Election results would be disclosed today and Narendra Modi’s winning would provide some trigger to the market. Overall 5900 would be deciding mark for Nifty, which if breached, market can slide down again into the rangebound region but until then trades should be taken in long side. Nifty posses strong support at 5900-5840 whereas resistance would be seen at 5950-5980-6000 for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19476) The support for the Sensex is at 19370-19200 and the resistance to the up move is at 19600-19700-19850.

                                           

NSE Nifty: (5930) The support for the Nifty is at 5900-5840 and the resistance to the up move is at 5950-5980-6000.

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