@Lennon : So should the code go like this?
[training_label_matrix, training_instance_matrix] = libsvmread('trainingdata.train');
[testing_label_matrix, testing_instance_matrix] = libsvmread('testdata.train');
model = svmtrain(training_label_matrix, training_instance_matrix);
[predict_label, accuracy, prob_values] = svmpredict(ones(size(testData,1),1), testing_instance_matrix, model, '-b 1');