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Advice for – Wednesday, February 22, 2012

posted by ABHISHEK-PARAKH on Wednesday, February 22nd, 2012

Last Trading Session: As predicted by EquityPandit that market is positive and would move further up if 5540 holds for Nifty and Nifty possess resistance at 5617-5645 levels for Nifty and 18450 for Sensex and same happened. Market opened positive and had seen further positive movements seeing resistance near Equitypandit’s predicted resistance levels of 5617 for Nifty and 18450 for Sensex from where market had seen some profit booking.

Today: Market likely to open negative. Technically market is little stretched now but still has enough strength to see further positive movements. Nifty possess strong support at 5560-5540 and some resistance may be seen at 5650 levels. Traders can trade long until 5560 holds for Nifty and investors should invest in fundamentally strong midcaps at discounted prices as its time for midcaps to see sharp positive movements. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. Investors can follow EP-Investor Package advices to get huge profits in small time duration. EP-Investor Package can be subscribed at special offers today which can be viewed at www.equitypandit.com.

BSE Sensex: (18428) The support for the Sensex is 18345-18150 and the resistance to the up move is at 18545-18672.

NSE Nifty: (5607) The support for the Nifty is at 5560-5540 and the resistance to the up move is at 5645.

Equity Pandit

posted by ABHISHEK-PARAKH on Wednesday, February 22nd, 2012

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