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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened positive with 13 points for Nifty and 76 points for Sensex. Nifty saw some short covering in initial hours of trading session, as predicted by EquityPandit. Nifty remained rangebound between EquityPandit’s predicted resistance and support levels of 6750 and 6680 respectively. Finally, Indian Stock Market closed flat for the day.
Today: Indian Stock Market to open flat. 6750-6780-6800 would act as a strong resistance for Nifty whereas supports would be seen at 6680-6650-6620. Nifty would remain rangebound due to uncertainty of exit polls. Breaching EquityPandit’s predicted support or resistance levels would force Nifty to see a breakout or breakdown. 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: Ajanta Pharma, Canara Bank, Century Tex, Emami, Eveready Inds, PANTALOONS, Piramal Ent, STI India, United Bank.
NSE Nifty: (6695) 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: (22404) 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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