Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive with 50+ points for Nifty. EquityPandit predicted that Indian Stock Market would see strong bounce back with banking sector leading the market and exactly same happened. EquityPandit suggested traders to trade long until Nifty holds 7950 levels. Traders who followed EquityPandit’s suggestions to go long might have earned huge profits for the day. Sensex saw highs right below EquityPandit’s predicted resistance levels of 27200. Finally Indian Stock Market closed gap positive for the day.
Today: Indian Stock Market to gap positive with 40+ points for Nifty and 120+ points for Sensex. Indian Stock Market would still see positive trends. Traders can trade long until Nifty holds levels of 8090 levels by closing. FIIs were net sellers of of Rs.874.89 crores whereas DIIs were net buyers of Rs.648.17 crores on Thursday. Nifty would see strong support at 8090-8000-7950 levels whereas strong resistance would be seen at 8250-8315 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (8159) The support for the Nifty is at 8090-8000-7950 and the resistance to the up move is at 8250-8315 levels.
NSE BankNifty: (18327) The support for the BankNifty is at 18100-18000-18920 and the resistance to the up move is at 18500-18615-18730 levels.
BSE Sensex: (27127) The support for the Sensex is at 27000-26900 and the resistance to the up move is at 27200-27500-27660 levels.
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