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DAILY PREDICTION

Advice for – Wednesday, May 29, 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 positive and would see strong support at 6045 and then move positive where strong resistance would be seen at 6128 like a dot. Market opened positive as per EquityPandit’s predictions. Market saw strong supports near EquityPandit’s predicted support levels of 6045 from where it moved positive and saw high exactly at Equitypandit’s predicted resistance levels of 6128 like a dot. Finally market closed positive for the day.

 

Today: Indian Stock Market likely to open flat. Analysis would remain same. Volatility can’t be ruled out due to F&O Expiry week. Nifty possess strong support at 6055-6045-6020 levels whereas resistance would be seen at 6128-6156-6188 levels for Nifty. Market can see further positive movements until 6045 holds for Nifty. Profit booking would be seen at higher levels near EquityPandit’s predicted resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (20160) The support for the Sensex is at 20000-19900-19850 and the resistance to the up move is at 20250-20330-20500 levels.

                                          

NSE Nifty: (6111) The support for the Nifty is at 6055-6045-6020 and the resistance to the up move is at 6128-6156-6188 levels.

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