EP-F&O Special package gave huge profits of Rs.26,500/- on one lot traded per call to all its subscribers on last trading session.

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and is currently week and breaching 5400 levels for Nifty would entitle market for prolonged negativity and then 5200 levels can be tested again and exactly same happened. Market opened flat as predicted by EquityPandit and then once 5400 levels were breached, it fell down sharply towards 5200 levels for Nifty. Finally market closed in sharp negative region.

Today: Market likely to open flat with positive bias. Technically market is still weak on charts. But some short covering (positive movements) can’t be ruled out due to reaction of sharp downfall. As per global news is concerned, US had posted better than expected Housing report, which may act as a good news for Market whereas Euro zone debt crisis is still a worry for market. Nifty possess strong support at 5210 levels and resistance may be seen at 5350-5400 levels for Nifty.  Union Budget would be major Indian event in month of March, which would keep market highly volatile, so traders should trade in small quantity.  Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (17445) The support for the Sensex is 17308-17104-17016 and the resistance to the up move is at 17660-17813.

NSE Nifty: (5281) The support for the Nifty is at 5210 and the resistance to the up move is at 5350-5400.

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