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DAILY PREDICTION

Advice for – Tuesday, September 04, 2012

EP-F&O Special package gave huge profits of Rs.4,800/- on one lot traded per call to all its subscribers in last trading session.

EP-Basic Package is one of the most famous package among Indian traders .

 

Last Trading Session: Market opened positive on GAAR recommendations but was not able to sustain higher levels and within first 15 minutes of trading session, market started to fall and saw low of 5240 for Nifty. Sensex also saw low exactly at EquityPandit’s predicted support levels of 17350, like a dot. Finally market remained rangebound and closed marginally negative for the day.

 

Today: Indian Market likely to open flat. Now not sustaining on higher levels even after positive news proved market weakness hence market may see more downtrends in upcoming days. For now market would remain rangebound and Nifty would now see support at 5220-5180-5130 whereas resistance would be seen near 5300-5325-5340 for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

 

Stocks that can move positive in next few days: Biocon and Orchid Chemicals

 

 

BSE Sensex: (17384) The support for the Sensex is at 17350-17200-17100 and the resistance to the up move is at 17540-17600-17760.

                                           

NSE Nifty: (5254) The support for the Nifty is at 5235-5220-5180-5130 and the resistance to the up move is at 5325-5340-5370.

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