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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit said that overall trend is positive and traders should go long at every consolidation and exactly same happened. Nifty closed just below EquityPandit’s predicted support levels of 6818 like a dot. Sensex also saw highs just below EquityPandit’s predicted resistance levels of 22800 like a dot.
Today: Indian Stock Market to open flat. 6830-6850-6900 would act as a strong resistance for Nifty. Whereas support would be seen at 6780-6740-6700. Overall, market trend is positive and traders are suggested to go long on every downtrend, till poll results. 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: Agro Tech Foods, Foseco India, HDFC Bank, Indiabulls Sec, IPAPPM, Kirloskar Bros, Mahindra Lifesp, MRF, Rallis India, RSWM, Tata Elxsi, Tata Metaliks, VST Inds, Zensar Tech.
NSE Nifty: (6818) The support for the Nifty is at 6780-6740-6700 and the resistance to the up move is at 6830-6850-6900 levels.
BSE Sensex: (22765) The support for the Sensex is at 22620-22500 and the resistance to the up move is at 22800-23000 levels.
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