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Last Trading Session: Exactly as predicted by EquityPandit that market would open negative with atleast 10-35 points for Nifty and 35-100 points for Sensex and market is weak and our next target is 5620-5566 levels for the market and exactly same happened. Market opened 21 points negative exactly with Equitypandit’s predicted levels. Market saw a sharp fall achieving EquityPandit’s targets of 5620-5566 levels for Nifty. Finally market breached all the supports and saw a freefall. Market closed in deep negative region.

Today: Indian Stock Market to open negative. Market can see further downside and next logical targets for Nifty is 5497-5477-5430 levels for Nifty, which would act as strong support for Nifty. Nifty may see strong resistance at 5610-5654-5680 levels for Nifty. Traders are suggested to trade short until Nifty holds 5610 levles. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (18733) The support for the Sensex is at 18470-18380-18200 and the resistance to the up move is at 18880-18950-19075 levels.

NSE Nifty: (5542) The support for the Nifty is at 5497-5477-5430 and the resistance to the up move is at 5610-5654-5680 levels.

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Note: Stocks to trade for F&O and cash intraday and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.