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DAILY PREDICTION

Advice for – Tuesday, June 18, 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 positive and Nifty expects further short covering (Positive trends), so traders can trade long until Nifty holds 5780 levels and exactly same happened. Market opened gap positive as per EquityPandit’s predictions. Market saw strong short covering (Positive movements) as predicted by EquityPandit. Finally, Market closed gap positive for the day and traders who follow EquityPandit might have earned huge profits yesterday.

 

Today: Indian Stock Market likely to open flat. Nifty now expects some further short covering (Positive trend). Nifty possesses immediate support at 5800-5780-5740 whereas resistance would be seen at 5880-5930 levels for Nifty. Traders can trade long until Nifty holds 5800 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19326) The support for the Sensex is at 19150-19075-18950 and the resistance to the up move is at 19430-19620 levels.

                                          

NSE Nifty: (5850) The support for the Nifty is at 5800-5780-5740 and the resistance to the up move is at 5880-5930 levels.

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