Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock market opened flat with positive bias. Nifty remained rangebound between EquityPandit’s support and resistance levels. Finally Market closed positive for the day.
Today: Indian Stock Market to open negtive. Technically, 6050-6030-6000 would still act as support for Nifty whereas resistance would be seen at 6110-6130-6150 levels for Nifty. FIIs outflow would be a key concern for Equity Market. 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: Chambal Fertilizers, Divis Lab, Ester Inds, Geometric, Gillette India, JP Power, Lupin, Mangalam Cem, PNG, Tata Chem, Vijaya Bank, Taj GVK Hotels.
BSE Sensex: (20514) The support for the Sensex is at 20340-20260-20140 and the resistance to the up move is at 20830-21000 levels.
NSE Nifty: (6090) The support for the Nifty is at 6050-6030-6000 and the resistance to the up move is at 6110-6130-6150 levels.
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