Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive with 40+ points for Nifty and 120+ points for Sensex. EquityPandit predicted that Indian Stock Market would still see positive trends and traders can trade long at this point of time and same happened. Nifty saw strong positive movements and traders, who followed EquityPandit suggestions to go long might have earned huge profits for the day. Sensex saw highs right on EquityPandit’s predicted resistance levels of 27500 like a dot. Finally, Indian Stock Market closed positive for the day.
Today: Indian Stock Market to open 10-40 points positive for Nifty. Indian Stock Market is still in positive trend. Traders can trade long until Nifty holds levels of 8090 levels by closing. FIIs were net sellers of of Rs.668.85 crores whereas DIIs were net buyers of Rs.622.77 crores on Friday. Nifty would see strong support at 8160-8090 levels whereas strong resistance would be seen at 8290-8320 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
NSE Nifty: (8225) The support for the Nifty is at 8160-8090 and the resistance to the up move is at 8290-8320 levels.
NSE BankNifty: (18479) The support for the BankNifty is at 18320-18100-18000 and the resistance to the up move is at 18580-18615-18730 levels.
BSE Sensex: (27372) The support for the Sensex is at 27120-27000-26900 and the resistance to the up move is at 27500-27660-27780 levels.
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