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DAILY PREDICTION

Advice for – Thursday, November 01, 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 flat and would see strong support near 5580 levels for Nifty and rangebound movements would be seen and exactly same happened. Market opened flat as per EquityPandit’s prediction. Market fell down to EquityPandit’s predicted support levels of 5580 for Nifty. Finally market closed positive for the day.

 

Today: Indian Stock Market likely to open negative. Technically, analysis would remain same and immediate support exists at 5582 levels for Nifty breaching which Nifty can see levels of 5540. Now, 5640-5680-5700 would act as strong resistance for Nifty. Some small short covering can be seen but market would remain rangebound. Traders should take long positions near EquityPandit’s predicted support levels and sell near resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

                                                                                                                                               

BSE Sensex: (18505) The support for the Sensex is at 18380-18200 and the resistance to the up move is at 18600-18700-18880.

                                           

NSE Nifty: (5620) The support for the Nifty is at 5582-5540 and the resistance to the up move is at 5640-5680-5700.

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