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Last Trading Session: Exactly as per EquityPandit’s predictions, Nifty opened positive. Nifty saw highs exactly at EquityPandit’s predicted resistance levels of 6780 like a dot. Nifty fell down sharply from there and saw strong support at EquityPandit’s predicted support levels of 6650, from where strong profit booking was seen in last half an hour of trading session but Nifty still closed negative for the day.
Today: Indian Stock Market to open positive. 6750-6780-6800 would act as a strong resistance for Nifty whereas supports would be seen at 6680-6650-6620. Nifty would see some short covering (Positive movements) at this point of time in initial hours. 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: 3I Infotech, Atul Ltd., GODREJ PROP, Grasim Inds, Hindustan Const, Pfizer, Reliance Cap, Reliance Comm, Transformers Rect, VGuard Inds.
NSE Nifty: (6696) The support for the Nifty is at 6680-6650-6620 and the resistance to the up move is at 6750-6780-6800 levels.
BSE Sensex: (22418) The support for the Sensex is at 22312-22280-22200 and the resistance to the up move is at 22600-22680-22875 levels.
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