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DAILY PREDICTION

Advice for – Wednesday, April 03, 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 flat and would see strong support at 5680 levels for Nifty, from where Nifty can see positive movements and traders should trade long, but resistance to positive movement would be seen at 5760 levels for Nifty and exactly same happened. Market opened flat as per EquityPandit’s predictions. Market saw strong support exactly at EquityPandit’s predicted levels of 5680 for Nifty from where it moved positive as per EquityPandit’s predictions. Market saw high exactly at EquityPandit’s predicted resistance levels of 5760 for Nifty. Finally market closed positive for the day just below EquityPandit’s predicted resistance levels.

 

Today: Indian Stock Market likely to open flat. Nifty possess strong support at 5680-5665 levels for Nifty whereas resistance to upmove would be seen at 5760-5785-5800 levels for Nifty. 5800 is a strong psychological resistance for Nifty, which if breached; Nifty can see sharp positive movements. Nifty would be considered positive until it holds levels of 5665 for Nifty. Traders can trade long until 5665 levels holds for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19041) The support for the Sensex is at 18880-18740 and the resistance to the up move is at 19200-19340 levels.

                                           

NSE Nifty: (5748) The support for the Nifty is at 5680-5665 and the resistance to the up move is at 5760-5785-5800 levels.

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