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DAILY PREDICTION

Advice for – Tuesday, January 4, 2011

Last Trading Session: As EquityPandit predicted that market would open in positive region and also it would remain positive for the whole day and same happened. Finally market managed to end with sharp positive trends. Market exactly saw a strong resistance at equitypandit predicted resistance levels of 20650 for Sensex.

 

Today: Market likely to see positive gap up opening. Some profit booking can be seen at these levels. Overall market is positive. 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: (20561) The support for the Sensex is 20400 and the resistance to the up move is at 20650-20805.

                                    

NSE Nifty: (6158) The support for the Nifty is at 6100 and the resistance to the up move is at 6185-6205.

 

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