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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened positive with 20 points for Nifty. Nifty moved further positive as per EquityPandit’s predictions but remained in the range of EquityPandit’s Support and resistance levels of 6160 and 6240. Finally, Nifty managed to close positive above 6200 levels.
Today: Indian Stock Market to open flat. Technically, Nifty is in positive trend but would consolidate in rangebound region ahead of F&O Exiry. Nifty would see strong resistance at 6240-6280 levels whereas support would be seen at 6160-6120-6100. Traders should trade long until Nifty holds 6160 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6200) The support for the Nifty is at 6160-6120-6100 and the resistance to the up move is at 6240-6280 levels.
BSE Sensex: (20852) The support for the Sensex is at 20700-20630-20500 and the resistance to the up move is at 20880-20950-21075 levels.
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