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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened positive. As per EquityPandit’s predictions that market would be considered positive until 6200 holds for Nifty and breaching 6305 would force market to see a sharp positive movements and same happened. Finally market closed gap positive for the day at 6321 for Nifty. Sensex also saw high exactly near EquityPandit’s predicted resistance levels of 21330.
Today: Indian Stock Market to open positive. Technically, 6250 would act as strong support for Nifty whereas 6350 would be next target for Nifty. Nifty would see strong resistance at 6350-6364-6415 levels. Q3 results of few of Indian Major Companies would be disclosed today, which would decide further market direction. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
Important Q3 Results to be disclosed today: Axis Bank, Bajaj-Auto, HCL Tech, LICHSGFIN, TCS.
BSE Sensex: (21289) The support for the Sensex is at 21090-21000 and the resistance to the up move is at 21330-21500 levels.
NSE Nifty: (6321) The support for the Nifty is at 6250 and the resistance to the up move is at 6350-6363-6415 levels.
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