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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat with negative bias. Indian Stock Market has seen profit booking as predicted by EquityPandit. Nifty consolidated between EquityPandit’s predicted resistance and support levels and closed right on EquityPandit’s predicted support levels of 6695 like a dot.
Today: Indian Stock Market to open flat. Nifty may see some further profit booking for a day or two but it’s overall trend is positive till Poll results and traders should go long at every down move and should not short. 6742-6780-6817 would act as a strong resistance for Nifty. Whereas support would be seen at 6685-6670-6640. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (6695) The support for the Nifty is at 6685-6670-6640 and the resistance to the up move is at 6742-6780-6817 levels.
BSE Sensex: (22360) The support for the Sensex is at 22340-22290-22150 and the resistance to the up move is at 22530-22620-22740 levels.
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