EquityPandit Completes 9 year of services.
We are pleased to inform you that EquityPandit have completed successfully 9 years in business since we commenced commercial operations on 10 July 2005. We take this opportunity to thank you for doing business with us and for your continued trust and support.
Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened positive. Huge volatility was seen in the market yesterday due to Union Budget. Sensex saw an intraday movement of almost 800 points between intraday highs and lows. Nifty saw strong support at EquityPandit’s predicted support levels of 7500 levels and was not able to sustain below those levels. Sensex saw day highs and lows exactly near EquityPandit’s predicted resistance and support levels of 26000 and 25000 respectively. Finally, Nifty close negative for the day as Budget was not able to boost market sentiments.
Today: Indian Stock Market to open flat with positive bias. IT Giant, Infosys would disclose its Quarterly results today, which would decide further market direction for today. Indian Stock Market is still in range and Strong support would be seen at 7500-7440-7365 levels for Nifty whereas resistance would be seen at 7700-7800-7877 levels. Breaching levels of 7500 by closing would force Nifty to see levels of 7365 levels. Breaching any of the support or resistance levels would decide the breakout or breakdown in the Market. Traders should buy near EquityPandit’s predicted support levels and should sell near EquityPandit’s predicted resistance levels in this market for Intraday profits. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
Important dates for markets:
11th July: IIP, MFG production, Infosys Q1 earnings. 14th July: Inflation data.
NSE Nifty: (7568) The support for the Nifty is at 7500-7440-7365 and the resistance to the up move is at 7700-7800-7877 levels.
BSE Sensex: (25373) The support for the Sensex is at 25320-25000-24500 and the resistance to the up move is at 25620-26000-26190 levels.
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