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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened negative with 14 points for Nifty. Nifty saw some profit booking during initial trading hours as predicted by EquityPandit. Nifty saw lows exactly near EquityPandit’s predicted support levels of 6480. Nifty saw a strong positive rally from there and saw highs exactly at EquityPandit’s predicted resistance levels of 6550 levels for Nifty. Finally, Nifty managed to close flat with positive bias, for the day.
Today: Indian Stock Market to open flat with positive bias. Technically, Analysis would remain same and Nifty would remain rangebound between EquityPandit’s predicted Resistance and Support levels. Nifty would see strong resistance at 6550-6565-6600 levels whereas support would be seen at 6500-6480-6450. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6517) The support for the Nifty is at 6500-6480-6450. and the resistance to the up move is at 6550-6565-6600 levels.
BSE Sensex: (21856) The support for the Sensex is at 21760-21720-21500 and the resistance to the up move is at 22025-22075-22200 levels.
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