Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock market opened gap positive with 30+ points for Nifty and 100+ points for Sensex. Nifty saw some short covering and has seen highs exactly at EquityPandit’s predicted resistance levels of 6075 levels like a dot. Nifty fell down sharply from there to EquityPandit’s predicted support levels but finally managed to close positive for the day.
Today: Indian Stock Market to positive with 10-30 points for Nifty. Technically, 6030-6000-5970 would act as support for Nifty whereas resistance would be seen at 6080-6105-6130 levels for Nifty. Nifty would see some positive movements but in a rangebound region. 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: Apollo Hospitals, BGR Energy, CEAT, Dhanlak Bank, Essar Oil, IFCI, India Cements, Indraprastha Gas, Jaiprakash Asso,Jindal Stainless, Network18 Media, NMDC, Tata Motors, TATAMOTORS-DVR-A-ORDY, Thirumalai Chem, TV18 Broadcast, .
NSE Nifty: (6063) The support for the Nifty is at 6030-6000-5970 and the resistance to the up move is at 6080-6105-6130 levels.
BSE Sensex: (20377) The support for the Sensex is at 20270-20075-20000 and the resistance to the up move is at 20450-20500-20640 levels.
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