Last Trading Session: Exactly as EquityPandit predicted that market will see more upside and our next targets would be 5400-5420-5500 and same happened. Market moved up sharply and already achieved our targets of 5400-5420. Finally market closed in positive gap.

Today: Market likely to open flat. Nifty already achieved our targets of 5400-5420. Technically, now next target is 5500. Market would definitely see levels above 5500-5560 before Union budget that is supposed to be presented in Lok Sabha on Monday, February 28, 2011 and railway budget that is going to be presented on February 25, 2011. Traders are advised to trade in small quantity. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.  

BSE Sensex: (18202) The support for the Sensex is 18000 and the resistance to the up move is at 18320-18560.

NSE Nifty: (5456) The support for the Nifty is at 5375 and the resistance to the up move is at 5500-5560.

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