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Last Trading Session: Indian stock Market opened gap positive and went up sharply to breach levels of 6000 for Nifty.
Today: Indian Stock Market likely to open positive. Nifty may see next target of 6035, which would act as immediate resistance for Nifty whereas 6070 would act as strong resistance for Nifty. Nifty may see strong support at 5950 levels. Traders are suggested to trade long until 5950 holds for Nifty. Breaching levels of 6070-6100 would force Nifty to see levels of 6250 soon. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (19958) The support for the Sensex is at 19720-19600 and the resistance to the up move is at 20050-20150-20242 levels.
NSE Nifty: (6009) The support for the Nifty is at 5950 and the resistance to the up move is at 6035-6070-6100 levels.
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