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Last Trading Session: Exactly as per Equitypandit’s predictions, Nifty opened flat and as we said F&O expiry and holiday season kept Nifty in a narrow range.
Today: Nifty will open flat and some volatility is expected today due to F&O expiry day. Still analysis remains same and Nifty will remain in range of 6250 and 6305. Breaching either side will decide Nifty course on up or down side. However, we are not expecting Nifty to break this range today. Nifty to see strong support at 6305-6330 levels whereas strong resistance would be seen at 6250-6200 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (21032) The support for the Sensex is at 21000-20950 and the resistance to the up move is at 21200-21350 levels.
NSE Nifty: (6268) The support for the Nifty is at 6250-6200 and the resistance to the up move is at 6305-6330 levels.
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