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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened gap positive and traded positive as predicted by EquityPandit. Nifty saw highs exactly below EquityPandit’s predicted resistance levels of 6287 whereas lows were seen just above EquityPandit’s predicted support levels of 6220 levels. Traders who followed EquityPandit’s suggestions to trade long might have earned handsome profits for the day. Finally, Nifty closed positive just below EquityPandit’s predicted resistance levels at 6277.
Today: Indian Stock Market to open negative with 10-25 points for Nifty. Technically, Nifty may see some profit booking at this point of time. Concerns of Ukraine over the war may force Nifty to see some negative trend. Nifty would see strong resistance at 6287-6310-6330 levels whereas support would be seen at 6220-6200-6175. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6277) The support for the Nifty is at 6220-6200-6175 and the resistance to the up move is at 6287-6310-6330 levels.
BSE Sensex: (21120) The support for the Sensex is at 20950-20850-20700 and the resistance to the up move is at 21200-21340 levels.
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