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DAILY PREDICTION

Advice for – Thursday, May 30, 2013

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 flat and would see strong support at 6055 levels for Nifty and same happened. Market opened flat as per predictions and saw some profit booking as per EquityPandit’s predictions. Finally market closed negative for the day.

 

Today: Indian Stock Market likely to open negative. Today is F&O Expiry and market would be highly volatile. Traders are suggested to trade in low quantity. Nifty possess strong support at 6055-6045-6020 levels whereas resistance would be seen at 6128-6156-6188 levels for Nifty. Market can see further positive movements in days to come until 6045 holds for Nifty. Profit booking would be seen at higher levels near EquityPandit’s predicted resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (20148) The support for the Sensex is at 20000-19900-19850 and the resistance to the up move is at 20250-20330-20500 levels.

                                          

NSE Nifty: (6104) The support for the Nifty is at 6055-6045-6020 and the resistance to the up move is at 6128-6156-6188 levels.

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