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Last Trading Session: Exactly as per EquityPandit’s predictions, Nifty opened flat with negative bias. Indian Stock Market saw further profit booking as per EquityPandit’s predictions. Nifty saw strong support near EquityPandit’s predicted support levels of 6740 Levels. Sensex also saw lows exactly at EquityPandit’s predicted support levels of 22600 like a dot. Finally, Indian Stock Market closed just above EquityPandit’s predicted support levels in red.
Today: Indian Stock Market to open flat. 6785-6800-6835 would act as a strong resistance for Nifty whereas supports would be seen at 6740-6700-6680. Today, few of the Indian Giants would disclosed their results, which would impact market direction. Nifty would remain rangebound between EquityPandit’s predicted support and resistance levels. 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: ADVANTA, Alstom T&D, BASF India, Bharti Airtel, Ceat, Dabur India, Federal Bank, Geometric, Hexaware Tech, IFCI, ING Vysya Bank, IOB, Jindal Steel, MAHINDCIE, Shoppers Stop, Shriram Trans, SSLT, Thomas Cook, TVS Motor, WELCORP.
NSE Nifty: (6761) The support for the Nifty is at 6740-6700-6680 and the resistance to the up move is at 6785-6800-6835 levels.
BSE Sensex: (22631) The support for the Sensex is at 22600-22500-22420 and the resistance to the up move is at 22720-22875-22940 levels.
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