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Last Trading Session: Exactly as predicted by EquityPandit that market would open gap negative and would see strong support near 5725 levels for Nifty but would recover by the end of trading session and exactly same happened. Market opened gap negative with almost 50 points for Nifty as per EquityPandit’s prediction. Market saw strong support near EquityPandit’s predicted support levels of 5725 for Nifty and moved positive from there. Finally market closed in negative region for the day.
Today: Indian Stock Market likely to open negative. EquityPandit expects market to see further rangebound region but overall trend for Indian Stock Market would be positive in days to come. So every downtrend should be taken as an opportunity to go long. Traders should not take short positions in delivery. Nifty possess strong support at 5720-5690-5640 whereas resistance may be seen at 5775-5800 for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
Indian Market would see huge volatility in the rangebound region but EquityPandit is sure to generate huge profits for its subscribers. Subscribe now and Enjoy huge profits with EquityPandit in any market direction.
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BSE Sensex: (18902) The support for the Sensex is at 18720-18550-18504 and the resistance to the up move is at 19050-19140.
NSE Nifty: (5760) The support for the Nifty is at 5720-5690-5635 and the resistance to the up move is at 5780-5820.
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