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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened 12 points positive for Nifty. As EquityPandit predicted, that overall market trend is strong and traders should trade long until Nifty holds 6330 levels and exactly same happened. Market saw sharp positive movement breaching all resistance levels and traders who followed EquityPandit advice to go long until Nifty holds 6330 levels, might have earned huge profits for the day.
Today: Indian Stock Market to open negative. Technically, some profit booking can’t be ruled out at this point of time. But Indian Stock Market’s overall trend looks strong and it would resume positive trend again anytime. Nifty would see strong resistance at 6550-6600 levels whereas support would be seen at 6500-6450-6400. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6527) The support for the Nifty is at 6500-6450-6400. and the resistance to the up move is at 6550-6600 levels.
BSE Sensex: (21919) The support for the Sensex is at 21860-21720-21500 and the resistance to the up move is at 22075-22200 levels.
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