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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened negative with 12 points for Nifty. Nifty saw some profit booking due to Ukraine concerns as predicted by EquityPandit. Nifty remained in the range of EquityPandit’s support and resistance of 6200 and 6287 respectively. Market closed just at EquityPandit’s predicted support levels of 6220 for Nifty and 20950 levels for Sensex.
Today: Indian Stock Market to open positive with 5-20 points for Nifty. Technically, Concerns of Ukraine over the war may are still there but Indian Stock Market, overall trend looks strong. Nifty would see strong resistance at 6287-6310-6330 levels whereas support would be seen at 6220-6200-6175. Traders can trade long until Nifty holds 6200 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6221) 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: (20947) The support for the Sensex is at 20920-20850-20700 and the resistance to the up move is at 21075-21200-21340 levels.
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