Yesterday’s Cash Call:

1.     Axis Bank Sell Call at 1013 for target of 990 (Profits: Rs.2300 on 100 shares traded.)

2.     HDIL Buy Call (Loss: Rs.450 on 1000 shares traded.)

3.     PNB Sell Call at 802 for target of 788 (Profits: Rs.1400 on 100 shares traded.)

4.     JSWSTEEL Sell Call at 714 for target of 697 (Profits: Rs.1700 on 100 shares traded.)

 

TOTAL PROFITS: Rs.4950/- on 100 shares traded.

EP-F&O Special package gave huge profits of Rs.10,000/- on one lot traded per call to all its subscribers in last trading session.

 

Yesterday’s F&O Call

 

1.     JPASSOCIAT Sell Call- (Profits:Rs.10,000) per lot

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open flat with positive bias and would see strong support at 4985 levels for Nifty and exactly same happened. Market opened flat with 2 points positive for Nifty as expected and then fell sharply and saw strong support exactly on EquityPandit’s predicted support levels of 4985 like a dot. Finally market closed just above EquityPandit’s predicted support levels.

Today: Market likely to open negative with 20-40 points for Nifty and 80-140 points for Sensex. Indian Stock Market closed just below 5000 mark for Nifty. Technically, closing below 5000 levels proved market to be weak and it would see further downtrend. Now, 4950-4935-4900 would act as support levels for Nifty whereas resistance may be seen at 5060-5115 levels for Nifty. Some short covering would definitely come but overall market would be considered negative. European debt worries would drag market further down. 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: ABB, Arvind Mills, GVK Power, IRB Infra, NIIT, PNB, Ranbaxy Lab, Union Bank, United Breweries.

BSE Sensex: (16546) The support for the Sensex is 16380-16270 and the resistance to the up move is at 16700-16800.

NSE Nifty: (5000) The support for the Nifty is at 4950-4935-4900 and the resistance to the up move is at 5060-5115.

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