Last Trading Session: Exactly as predicted by EquityPandit that Market would open positive but would possess strong resistance at 5960 levels for Nifty whereas support would be seen at 5865 levels for Nifty and exactly same happened. Market opened positive as per EquityPandit’s predictions but fell down sharply. Market saw lows exactly at EquityPandit’s predicted support levels of 5865 for Nifty like a dot.

Today: Indian Stock Market likely to open gap negative with atleast 30+ points for Nifty. Nifty may see strong resistance at 5905-5920-5945 levels whereas supports would be seen at 5835-5790 levels for Nifty, which if breached, Nifty can see sharp fall. Rate cut expectations may hold market but if expectations are not met on March 19, then sharp fall can be seen. Traders can buy near EquityPandit’s predicted support levels and sell near EquityPandit’s predicted resistance levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (19428) The support for the Sensex is at 19370-19200-19075 and the resistance to the up move is at 19580-19700-19880 levels.

NSE Nifty: (5873) The support for the Nifty is at 5835-5790 and the resistance to the up move is at 5905-5920-5945 levels.

EP-STOCK TREND:

SELL-   DLF below 270

            AUROPHARMA below 158

            ALBK below 138

BUY-    SIEMENS above 580

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