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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat with positive bias and consolidated before Election Poll results. Then Market moved up positive and both calls and puts options have seen positive movement as predicted by EquityPandit. Finally Market saw flat closing with positive bias.
Today: Today is the D-day (Election Poll results), which we all were waiting for long time. Today market would react to polls counting. Today the range of support and resistance is very big. Nifty support levels would be 7000-6800-6400 due to highest open interest whereas resistance may be seen at 7200-7500-8000 levels due to highest open interest. Lets hope that today any party should win majority seats. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (7123) The support for the Nifty is at 7000-6800-6400 and the resistance to the up move is at 7200-7500-8000 levels.
BSE Sensex: (23905) The support for the Sensex is at 25000-26500-28000 and the resistance to the up move is at 22000-21000 levels.
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