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DAILY PREDICTION

Advice for – Wednesday, April 17, 2013

EP-F&O Special Package gave profits of Rs.3,800/- to all its subscribers in last trading session on 1 lot traded per call.

 

Last Trading Session: Indian Stock Market opened flat for the day and as predicted that if Nifty breaches levels of 5610 levels, then it can move sharply positive and exactly same happened. Market breached levels of 5610, which took market sharply positive upto 5700. Finally market closed sharply positive for the day.

 

Today: Indian Stock Market likely to open positive. Now Nifty has entered into positive zone and hence 5750-5800 would be our next targets for Nifty. Nifty may see resistance at 5721-5755-5800 levels whereas support would be seen at 5645-5600 levels for Nifty. Traders should trade long until 5645 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: (18771) The support for the Sensex is at 18560-18380 and the resistance to the up move is at 18880-18950-19075 levels.

                                          

NSE Nifty: (5689) The support for the Nifty is at 5645-5600 and the resistance to the up move is at 5721-5755-5800 levels.

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