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DAILY PREDICTION

Advice for – Tuesday, April 05, 2011

Last Trading Session: Exactly As predicted by EquityPandit, overall market would be positive and our resistance would be 5880 and once it is breached that next logical target would be 5960 for Nifty. Market reacted same as predicted by EquityPandit. Market moved up sharply as our resistance level of 5880 was breached for Nifty.

Today: Market likely to open flat. Overall Market is still positive and our next logical target would be 5960. Market is expected to breach level of 6000 for Nifty, once 5960 is breached. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.

BSE Sensex: (19702) The support for the Sensex is 19500 and the resistance to the up move is at 19850-20000.

NSE Nifty: (5908) The support for the Nifty is at 5850 and the resistance to the up move is at 5960-6000.

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