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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive with 30 points for Nifty and 45 points for Sensex. Nifty saw strong positive movement after consolidation exactly as per EquityPandit’s predictions. Traders, who followed EquityPandit’s suggestions to go long at every down move and avoid shorting at this point of time, might have earned huge profits and avoided risk of loosing.
Today: Indian Stock Market to open negative and 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 and should not short. 6808-6817-6900 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 6808-6817-6900 levels.
BSE Sensex: (22702) 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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