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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 strong support near EquityPandit’s predicted support levels of 6665 whereas resistance was seen near EquityPandit’s predicted resistance levels of 6800 levels. Finally, Market closed gap positive for the day.
Today: Indian Stock Market to open flat. 6800-6818-6850 would act as a strong resistance for Nifty. Whereas support would be seen at 6740-6700-6680. Overall, market trend is positive and traders are suggested to go long on every downtrend. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
Important Results to be declared today: HEG, Hindustan Zinc, LICHSGFIN.
NSE Nifty: (6779) The support for the Nifty is at 6740-6700-6680 and the resistance to the up move is at 6800-6818-6850 levels.
BSE Sensex: (22629) The support for the Sensex is at 22500-22320 and the resistance to the up move is at 22740-22800 levels.
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