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DAILY PREDICTION

Advice for – Wednesday, September 11, 2013

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Last Trading Session: Exactly as predicted by EquityPandit that market would open positive with atleast 30+ points for Nifty and 100+ points for Sensex and traders are suggested to go long and exactly same happened. Market opened gap positive exactly with 30+ points for Nifty and 100+ points for Sensex. Traders who followed EquityPandit’s suggestions to go long might have earned huge profits. Finally market closed with a bullish note.

 

Today: Indian Stock Market to open positive. Technically, Market is still positive and now 5972-6000 is the next target for Nifty. Some profit booking can’t be ruled out after 4 positive days but overall market direction is positive. Traders are suggested to trade long until Nifty holds 5800 levels. Nifty to see strong support at 5800 levels, whereas resistance would be seen at 5972-6005 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (19997) The support for the Sensex is at 19760-19450 and the resistance to the up move is at 20072-20256-20352 levels.

                                          

NSE Nifty: (5897) The support for the Nifty is at 5800 and the resistance to the up move is at 5972-6005 levels.

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