EquityPandit Knowledge Series
EquityPandit has launched EquityPandit Knowledge Series, which would help all our readers to learn and earn huge profits in Stock Market or any market in the world. These tutorial of EquityPandit Knowledge Series would be published every Sunday. We would start Knowledge Series from some basics like “History of Indian Stock Market” and take it forward to Advance Technical Analysis. This tutorial would just take your 5 minutes every Sunday but going forward, it would help you to generate huge wealth in Indian Stock Market / Commodity Market/ Currency Market.
Tutorial-2: Why does Companies List their shares on Stock Market and how does the share trades?
Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened positive with 20 points for Nifty. Nifty had taken a positive trend but saw highs exactly at EquityPandit’s predicted resistance levels of 6330 like a dot. Finally, Nifty closed below Equitypandit’s predicted resistance levels of 6330 at 6314 levels.
Today: Indian Stock Market to open flat. Technically, analysis would remain same and 6330-6350-6363 would act as strong resistance for Nifty on closing basis. 6250 would now act as strong support for Nifty. If Nifty closes above 6363 levels then, it would see new highs in days to come. Nifty would remain rangebound. To see a strong positive trend, Nifty has to break this range and close below 6364 levels. 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: Biocon, Dabur India, HDFC, L&T, M&M Finance, Raymond, Zee Entertainment.
BSE Sensex: (21251) The support for the Sensex is at 21000 and the resistance to the up move is at 21270-21380-21500 levels.
NSE Nifty: (6314) The support for the Nifty is at 6250 and the resistance to the up move is at 6330-6350-6363 levels.
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