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 flat with positive bias. Indian Stock Market saw downtrend in initial trading but WPI Inflation numbers which were disclosed below expectation recovered markets from day lows. Nifty saw strong resistance at 7480 levels and closed flat for the day. Nifty and Sensex closed just above EquityPandit’s predicted support levels of 7440 and 24970 levels respectively.
Today: Indian Stock Market to open positive. Technically, Indian Stock Market is still in indecisive mode. Some short covering can be seen in the Indian market but the trend is still bearish. FIIs have been net sellers for last 2 days, which is the risk to the market. Indian Stock Market is still in range and Strong support would be seen at 7440-7365 levels for Nifty whereas resistance would be seen at 7635-7700-7800 levels. Breaching any of the support or resistance levels by closing 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.
NSE Nifty: (7454) The support for the Nifty is at 7440-7365 and the resistance to the up move is at 7635-7700-7800 levels.
BSE Sensex: (25007) The support for the Sensex is at 24970-24850-24500 and the resistance to the up move is at 25325-25620 levels.
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