Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat with 6 points negative for Nifty. Indian Stock Market moved sharply positive exactly as per EquityPandit’s predictions. Traders who followed EquityPandit’s suggestion to go long until Nifty holds 7740 levels, might have earned handsome profits on Monday. Nifty saw strong resistance at EquityPandit’s predicted resistance levels of 7900. BankNifty closed right on EquityPandit’s predicted resistance levels of 15440 like a dot.
Today: Indian Stock Market to open positive with 20-50 points for Nifty and 60-120 points for Sensex. Indian Stock Market now set to make new highs and would breach resistance of 7900 and may even touch levels of 8000 in upcoming sessions. FIIs were net buyers of Rs.473.42 crores whereas DIIs were net buyers of Rs.490.04 crores in Indian Stock Market on Monday. Indian Stock Market would see Strong support at 7780-7740 levels for Nifty whereas resistance would be seen at 7900-7959-8000 levels. Traders can go long until Nifty holds 7780 levels by closing. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (7874) The support for the Nifty is at 7780-7740 and the resistance to the up move is at 7900-7959-8000 levels.
NSE BankNifty: (15440) The support for the BankNifty is at 15220-15110-15000 and the resistance to the up move is at 15600-15742-16000 levels.
BSE Sensex: (26391) The support for the Sensex is at 26200-26000 and the resistance to the up move is at 26500-26770 levels.
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