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Last Trading Session: Indian Stock Market opened flat. Exactly as per EquityPandit’s predictions, Nifty saw positive movement after consolidation. Nifty saw highs exactly at EquityPandit’s predicted resistance levels of 6817 like a dot. Sensex also saw highs exactly at Equitypandit’s predicted resistance levels of 22800 like a dot. Sensex has seen lows for the day near EquityPandit’s predicted support levels of 22620. Overall, Market managed to close flat with positive bias for the day. Sensex closed just below EquityPandit’s predicted resistance levels of 22720.
Today: Indian Stock Market to open gap negative with 15-40 points for Nifty and 40-100 points for Sensex. Some profit booking can be seen at these levels but overall trend is still positive till Poll results and traders should go long at every down move. 6808-6820-6850 would act as a strong resistance for Nifty. Whereas support would be seen at 6750-6725-6700. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6796) The support for the Nifty is at 6750-6725-6700 and the resistance to the up move is at 6808-6820-6850 levels.
BSE Sensex: (22715) The support for the Sensex is at 22620-22500-22370 and the resistance to the up move is at 22720-22800-23000 levels.
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