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 negative due to geopolitical issues. Nifty saw further profit booking as predicted by EquityPandit and saw lows exactly near EquityPandit’s predicted support levels of 7600 levels. Nifty recovered sharply from EquityPandit’s support levels backed by IT and Banking sector, as predicted by EquityPandit. Nifty saw strong resistance at EquityPandit’s predicted resistance levels of 7700 for Nifty. Finally, Indian Stock Market closed positive for the day.
Today: Indian Stock Market to open positive. Fundamentally, some geopolitical risk is still there and Indian Stock Market would also be affected by this. Technically, Indian Stock Market is in positive momentum and breaching levels of 7730 would provide further positive momentum to Nifty. FIIs have been net buyers of Rs.574.47 crores in Indian Stock Market on Friday. Indian Stock Market would see Strong support at 7600-7530-7480 levels for Nifty whereas resistance would be seen at 7700-7730-7800 levels. 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 Q1 Results to be Declared today: Canara Bank, Exide Inds, HDFC, HDFC Bank, HDIL, Hindustan Zinc, Idea Cellular, Tata Metaliks, Texmaco Infra, Texmaco Rail & Engg, V-Mart Retail.
NSE Nifty: (7664) The support for the Nifty is at 7600-7530-7480 and the resistance to the up move is at 7700-7730-7800 levels.
BSE Sensex: (25642) The support for the Sensex is at 25440-25240-24970 and the resistance to the up move is at 25720-25870-26000 levels.
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