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Last Trading Session: Exactly as per EquityPandit’s predictions, market opened negative and remain range bound throughout the day. As EquityPandit suggested that 5930 is the level which nifty should hold by closing and until then technical would still be negative, hence still technicals would be negative for Nifty.

Today: Indian Stock Market to open flat to negative. Still analysis remains same. For Nifty, 5930 is the level to be watch out for. Closing above this level will give nifty strength to reach till 6000. Nifty would see strong support at 5870-5840-5828. Traders can go short below 5870 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (19915) The support for the Sensex is at 19727-19558 and the resistance to the up move is at 20000-19950 levels.

NSE Nifty: (5907) The support for the Nifty is at 5870-5840-5828 and the resistance to the up move is at 5911-5929 levels.

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