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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat with negative bias. Indian Stock Market has seen profit booking as predicted by EquityPandit. Finally, Nifty and Sensex closed in deep negative just above EquityPandit’s predicted support levels.
Today: Indian Stock Market may open flat. Today, new series have been started and we can see fresh interest among investors and traders. Few of the Indian Corporate giants would disclose their financial results, which would affect Indian Stock Market direction. Indian Stock Market would still see some profit booking at higher levels, get stabilized there and would take a fresh upmove again, which would give another opportunity for investors to enter into the market and enjoy the rally. Investors and traders should wait for market to come down and then enter into it at different levels. Nifty would see strong resistance at 7300-7325-7380 levels whereas support would be seen at 7225-7200-7150 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
Important Financial Results to be declared today: ABG Shipyard, Amrutanjan Health, Aurobindo Pharma, BGR Energy, Bharat Elect, Bhushan Steel, Binani Inds, Blue Star, CESC, COX KINGS, DCM Shriram Inds, DEN NETWORK, EIH, Financial Tech, Future Retail, Gitanjali Gems, Hindustan Motors, Hindustan Oil, Indian Hotels, JHS Svendgaard, Jyoti Struc, Khaitan India, L&T, Man Inds, Mcdowell Hold, MCX, NHPC, Nitco, NMDC, Opto Circuits, Orissa Minerals Development, Patel Engr, Redington India, Reliance Chem, Religare Enter, Sona Koyo, Steel Strp Whls, Surya Roshni, Suzlon Energy, Tata Chemicals, Uttam Galva.
NSE Nifty: (7236) The support for the Nifty is at 7225-7200-7150 and the resistance to the up move is at 7300-7325-7380 levels.
BSE Sensex: (24234) The support for the Sensex is at 24200-24000 and the resistance to the up move is at 24530-24650 levels.
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