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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive with 30 points for Nifty. EquityPandit suggested traders to go long at every downtrend and traders who followed EquityPandit’s advice might have earned huge profits on Friday. Nifty moved up sharply and saw strong resistance right on EquityPandit’s predicted resistance levels of 6705 like a dot. Finally, market closed positive with 54 points for Nifty and 126 points for Sensex.
Today: Indian Stock Market to open 15-40 points positive for Nifty. Nifty would see the record highs today. Technically, Nifty’s overall trend is positive and traders should go long at every down move. 6728-6750-6780 would act as a strong resistance for Nifty. Whereas support would be seen at 6670-6640-6600. Traders should go long until Nifty holds 6640 spot levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6696) The support for the Nifty is at 6670-6640-6600 and the resistance to the up move is at 6728-6750-6780 levels.
BSE Sensex: (22340) The support for the Sensex is at 22270-22185-22075 and the resistance to the up move is at 22450-22500-22650 levels.
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