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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat and remained range bound. However in the second half it dropped sharply due to selling in IT shares but still managed to close exactly at EquityPandit’s predicted support level of 6045 like a dot.

Today: Indian Stock Market to open flat with positive bias. Now 6045 is the level for Nifty, to watch out on closing basis. Breaching levels of 6045 can push Nifty sharply lower. Until Nifty holds 6045, Market would be considered positive. Nifty possess strong support at 6045-6000 levels whereas resistance would be seen at 6150-5195 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20415) The support for the Sensex is at 20400-20300 and the resistance to the up move is at 20550-20670 levels.

NSE Nifty: (6045) The support for the Nifty is at 6045-6000 and the resistance to the up move is at 6150-6195 levels.

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