Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened gap positive with 40 points for Nifty. Nifty trend remained positive exactly as per EquityPandit’s predictions and traders who followed EquityPandit’s advice to go long might have earned huge profits for the day. Sensex saw strong resistance exactly at EquityPandit’s predicted resistance levels of 27380. BankNifty also closed just below EquityPandit’s predicted resistance levels of 16210 like a dot. Finally, Indian Stock Market closed gap positive for the day.
Today: Indian Stock Market to open flat. Overall trend for Nifty is still positive and a new breakout has been seen, which would force Nifty to see new record highs. Some small correction could be seen at higher levels. FIIs were a net buyers of Rs.1162.98 crores whereas DIIs were net sellers of Rs.508.37 crores in Indian Stock Market on Monday. Indian Stock Market would see Strong support at 8130-8100-8080 levels for Nifty whereas resistance would be seen at 8220-8235 levels. Traders should go long at EquityPandit’s predicted support levels and short at EquityPandit’s predicted resistance levels with small stoplosses. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (8174) The support for the Nifty is at 8130-8100-8080 and the resistance to the up move is at 8220-8235 levels.
NSE BankNifty: (16207) The support for the BankNifty is at 16050-15900 and the resistance to the up move is at 16300-16380-16500 levels.
BSE Sensex: (27320) The support for the Sensex is at 27140-26940 and the resistance to the up move is at 27380-27500 levels.
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