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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock market opened exactly with 20+ points for Nifty like a dot. Nifty still consolidated in a rangebound region of 5970-6050 as per EquityPandit’s predictions. Sensex also saw highs exactly at EquityPandit’s predicted resistance levels of 20380 and lows at EquityPandit’s predicted support levels of 20150 like a dot. Finally market closed positive for the day.
Today: Indian Stock Market to open positive. Today Market trend would be decided by Vote On Account to be held today. 6000-5970-5930 would act as support for Nifty whereas resistance would be seen at 6085-6105-6130 levels for Nifty. Breaching levels of 6105 with volumes would force market to see further positive movements. 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: Castrol India, Styrolution ABS.
NSE Nifty: (6048) The support for the Nifty is at 6000-5970-5930 and the resistance to the up move is at 6085-6105-6130 levels.
BSE Sensex: (20367) The support for the Sensex is at 20150-20075-20000 and the resistance to the up move is at 20450-20500-20660 levels.
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