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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat with positive bias. Indian Stock Market saw correction as predicted by EquityPandit. Nifty saw lows below EquityPandit’s predicted levels of 7680. Nifty rebounded from there and moved further positive as predicted by EquityPandit. Nifty saw strong resistance at EquityPandit’s predicted resistance levels of 7780 levels for Nifty. Nifty managed to close positive for the day. Sensex also saw strong support right on EquityPandit’s predicted support levels of 25660 like a dot.
Today: Indian Stock Market to open flat with positive bias. Important dates for markets:
8th July: Rail Budget. 10th July:Union Budget, Balance of Trade. 11th July: IIP, MFG production, Infosys Q1 earnings. 14th July: Inflation data.
Analysis would remain same. Indian Stock Market to see further positive movement in days to come. Some correction would definitely be seen before Union Budget. Nifty would see strong resistance at 7780-7800-7875 levels whereas strong support would be seen at 7680-7650-7600. 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.
NSE Nifty: (7752) The support for the Nifty is at 7680-7650-7600 and the resistance to the up move is at 7780-7800-7875 levels.
BSE Sensex: (25962) The support for the Sensex is at 25660-25500 and the resistance to the up move is at 26050-26370 levels.
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