Continue Long Positions Until Nifty Holds 8815

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that Indian Stock Market including Nifty, BankNifty and Sensex has entered into positive zone and traders can go long at every dip in the market. EquityPandit also predicted that market is headed towards new 52 week highs and exactly same happened. Indian Stock Market saw highs right near EquityPandit’s predicted resistance levels of 8925 like a dot. BankNifty also saw strong resistance near EquityPandit’s predicted resistance levels of 20920. Traders, who followed EquityPandit’s advice might have earned whopping profits for the day. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. Some profit booking can’t be ruled out ahead of F&O Expiry but every downfall would be an opportunity for traders to go long in the market. Traders can go long at every dip in the market until Nifty holds 8815 levels on closing basis. Market is headed towards new highs in days to come.

FIIs were net sellers of Rs.1435.76 crores whereas DIIs were net buyers of Rs.1535.44 crores in cash market for last trading session. Nifty would see strong support at 8850-8815-8800-8780 whereas strong resistance would be seen at 8925-8955-8970-9120 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8908) The support for the Nifty is 8850-8815-8800-8780 and the resistance to the up move is at 8925-8955-8970-9120 levels.

NSE BankNifty: (20861) The support for BankNifty is at 20725-20650-20550-20450 and the resistance to the up move is at 20920-21060-21240 levels.

BSE Sensex: (28761) The support for the Sensex is at 28675-28550-28400-28312 and the resistance to the up move is at 28880-28950-29080 levels.

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