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Last Trading Session: Exactly as per EquityPandit’s predictions, Nifty opened positive and closed flat with positive bias. Nifty traded in a narrow range of 20 points throughout the trading session and erased all its gain led by Reliance.
Today: Nifty would open flat to positive. Technically, Analysis would remain same. Nifty trend is positive and Nifty will trade in a narrow range. Buy on every dips is the strategy. Now Midcaps and Smallcaps would remain out-performer for next few weeks. Nifty would see strong support at 6250-6200 whereas resistance to positive movement would be seen at 6305-6330. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (21101) The support for the Sensex is at 21000-20950 and the resistance to the up move is at 21200-21350 levels.
NSE Nifty: (6284) The support for the Nifty is at 6250-6200 and the resistance to the up move is at 6305-6330 levels.
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