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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat and moved sharply positive in initial hours. Nifty saw strong resistance near EquityPandit’s predicted resistance levels of 6680 levels. Nifty saw sharp profit booking from there in last 30 minutes as predicted by EquityPandit but managed to close positive for the day. Sensex also saw strong resistance at EquityPandit’s predicted resistance levels of 22320 levels.
Today: Indian Stock Market to open 10-30 points positive for Nifty. Technically, Nifty’s overall trend is positive and traders should go long at every down move. 6680-6705-6730 would act as a strong resistance for Nifty. Whereas support would be seen at 6600-6580-6540. Traders should go long until Nifty holds 6580 spot levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6642) The support for the Nifty is at 6600-6580-6540 and the resistance to the up move is at 6680-6705-6730 levels.
BSE Sensex: (22214) The support for the Sensex is at 22075-21900 and the resistance to the up move is at 22320-22500 levels.
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