EP-F&O Special package gave huge profits of Rs.20,000/- on one lot traded per call to all its subscribers in last trading session.

 

Yesterday’s F&O Call

 

1.     JPASSOCIAT Sell Call (STBT) given on Tuesday at 65.9 and profits booked yesterday (Wednesday) at 60.9 (Profits:Rs.20,000/-) per lot

Last Trading Session: Exactly as predicted by EquityPandit that market would open 20-40 points negative for Nifty and 80-140 points for Sensex and would see further downtrend but would see strong support at 4950 for Nifty and exactly same happened. Market opened negative with EquityPandit’s predicted levels of 30 points for Nifty and 80 points for Sensex. Market remained volatile throughout the day. Market saw strong support exactly on Equitypandit’s predicted support levels of 4950 for Nifty. Finally market closed just above EquityPandit’s predicted support levels.

Today: Indian Stock Market likely to open flat. Technically, Indian Stock Market is still weak and may see further downtrend but now there is strong possibility of some short covering (positive reaction) till the levels of 5060-5080. Nifty possess strong support at 4950-4915-4900 and strong resistance may be seen at 5060-5080 levels for Nifty. Traders should be very cautious and trade with strict support and resistance levels. Overall market would be rangebound and would remain in the same range for upcoming days until support and resistance is breached. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

Indian Data to watch this week: IIP Numbers (Friday)

Key Results Today: Apollo Tyres, Cadila Health, Canara Bank, Cipla, Escorts, Lupin, NTPC, Sintex Industries.

BSE Sensex: (16480) The support for the Sensex is 16380-16270 and the resistance to the up move is at 16600-16720-16800.

NSE Nifty: (4975) The support for the Nifty is at 4950-4915-4900 and the resistance to the up move is at 5060-5080-5100.

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