Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened positive with 18 points for Nifty. Nifty saw lifetime highs exactly as per EquityPandit’s predictions. Nifty saw highs right on EquityPandit’s predicted resistance levels of 7810 like a dot. Sensex also saw highs exactly on EquityPandit’s predicted resistance levels of 26200 like a dot. Traders who followed EquityPandit’s suggestions might have earned handsome profits yesterday. Finally, Nifty closed positive just below 7800 levels.
Today: Indian Stock Market to open flat for the day. Technically, Indian Stock Market is in positive momentum but some profit booking can’t be ruled out at this point of time. Breaching levels of 7810 would provide further positive momentum to Nifty. FIIs have been net buyers of Rs.652.4 crores in Indian Stock Market on Tuesday. Nifty may see new all time high in upcoming sessions. Indian Stock Market would see Strong support at 7750-7700-7600 levels for Nifty whereas resistance would be seen at 7810-7900 levels. Traders should go long until Nifty holds 7700 levels for handsome 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: ACC, Ambuja Cements, Bharti Infratel, Biocon, Century Tex, Dewan Housing, Glenmark Pharma, Granules India, IBUL HSG FIN, Jindal Saw, KSB Pumps, M&M Fin, Mastek, Omax Autos, Pfizer, SKS Microfinance, TVS Motor, Wipro.
NSE Nifty: (7796) The support for the Nifty is at 7750-7700-7600 and the resistance to the up move is at 7810-7900 levels.
BSE Sensex: (26147) The support for the Sensex is at 25750-25550 and the resistance to the up move is at 26200-26380 levels.
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