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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat with just 0.1 points negative for Nifty and 3 points negative for Sensex. Nifty saw profit booking exactly as predicted by EquityPandit. Nifty remained within the range of EquityPandit’s predicted support and resistance levels of 6640-6742 levels respectively for the day. Finally, Nifty managed to close flat for the day. Sensex also closed just above EquityPandit’s predicted support levels of 22340 levels.
Today: Indian Stock Market to open positive with 10-30 points for Nifty and 30-80 points for Sensex. Overall trend is positive till Poll results and traders should go long at every down move and should not short. 6725-6742-6780 would act as a strong resistance for Nifty. Whereas support would be seen at 6685-6650-6635. 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 6685-6650-6635 and the resistance to the up move is at 6725-6742-6780 levels.
BSE Sensex: (22343) The support for the Sensex is at 22340-22190-22150 and the resistance to the up move is at 22482-22530-22620 levels.
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