Yesterday’s Cash Call:

1.     HDFC Buy Call at 648 for target of 665 (Profits: Rs.1700 on 100 shares traded.)

 

EP-F&O Special package gave huge profits of Rs.6,300/- on one lot traded per call to all its subscribers in last trading session.

 

Yesterday’s F&O Call

 

1.     BHEL Buy Call- (Profits:Rs.6,300) per lot

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative with 40-70 points for Nifty and 150-200 points for Sensex but would see strong support near 5000 levels for Nifty and would see sharp short covering as a reaction from there and exactly same happened. Market opened gap negative with 70-75 points for Nifty and 200 points for Sensex as predicted by EquityPandit. Market saw strong supports near EquityPandit’s predicted support levels of 5000 and saw sharp upmove as predicted by EquityPandit. Finally market closed in positive region.

Today: Market likely to open flat with positive bias. Technically market is in reaction mode and can see further positive movements in days to come. Market would see strong resistance near 5180-5200 levels for Nifty whereas supports would be seen near 4985 levels. Traders can trade long until 4985 levels holds for Nifty and investors can invest and consider it as an opportunity to generate short term profits. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

Indian Data to watch this week: IIP Numbers (Friday)

Key Results Today: Asian Paints, Ceat, Central Bank, CESC, Dena Bank, Glenmark Pharma, Hindalco, IDFC, Kotak Mahindra Bank, Shriram Transport, Whirpool

BSE Sensex: (16913) The support for the Sensex is 16750-16600 and the resistance to the up move is at 17061-17200.

NSE Nifty: (5114) The support for the Nifty is at 5000-4985 and the resistance to the up move is at 5180-5200.

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