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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive with 20 points for Nifty and 50 points for Sensex. Nifty saw highs exactly at Equitypandit’s predicted resistance levels of 6780 like a dot. Nifty saw supports near Equitypandit’s predicted support levels of 6700. Finally, Nifty managed to close above 6700 levels for the day.
Today: Indian Stock Market to open negative with 10-30 points for Nifty and 30-80 points for Sensex. Nifty may see some profit booking for a day or two but it’s overall trend is positive and traders should go long at every down move and should not short. 6780-6817-6850 would act as a strong resistance for Nifty. Whereas support would be seen at 6695-6675-6640. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6736) The support for the Nifty is at 6695-6675-6640 and the resistance to the up move is at 6780-6817-6850 levels.
BSE Sensex: (22509) The support for the Sensex is at 22450-22370-22290 and the resistance to the up move is at 22620-22740-22800 levels.
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