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DAILY PREDICTION

Advice for – Tuesday, May 3, 2010

Last Trading Session: Market remained volatile and closed below our resistance of 5250 for Nifty.

 

Today: Indian Stock Market would be now in rangebound levels between 5200 and 5280 for sometime. Momentum towards 5100 or 5350 can come into play by breaching either levels. Traders should stick to support and resistance levels. Anyhow EquityPandit calls would be given taking all into consideration. Even if market goes down EP-Investor calls for investments would go up and would not give any type of losses. So subscribers don’t worry of market going down as you might have seen all our targets achieving and EP-Investor recommended stocks going up even when market is going down for last few days.

 

Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (17386) The support for the Sensex is 17160 and the resistance to the up move is at 17500-17750.

 

NSE Nifty: (5223) The support for the Nifty is at 5200 and the resistance to the up move is at 5280-5300-5350.

 

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