Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock market opened negative. Nifty saw huge selling pressure as predicted by EquityPandit. Nifty saw lows exactly at Equitypandit’s predicted support levels of 6000 for Nifty like a dot and closed right near those levels.
Today: Indian Stock Market to open gap negative with 30+ points for Nifty and 120+ points for Sensex on global sell-off. Technically, now 5972-5950-5920 would act as support for Nifty whereas resistance would be seen at 6005-6075-6100 levels for Nifty. Nifty would see sharp downtrend today. 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: BEML, Bharat Forge, Cummins India, Jubl Food, PFC, Tech Mahindra, Whirlpool.
BSE Sensex: (20209) The support for the Sensex is at 20000-19850 and the resistance to the up move is at 20340-20500 levels.
NSE Nifty: (6002) The support for the Nifty is at 5972-5950-5920 and the resistance to the up move is at 6005-6075-6100 levels.
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