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Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive but saw profit booking at higher levels. Finally Market closed positive just below our resistance of 20000 for Sensex and 5930 levels of Nifty.
Today: Indian Stock Market to open negative. Trade Deficit Numbers would be declared today, which would decide further market direction. Nifty to see strong support at 5870-5840-5828 whereas resistance to upmove would be seen at 5967-6029, breaching which Nifty can see high of 6150 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (19984) The support for the Sensex is at 19827-19758 and the resistance to the up move is at 20000-20150 levels.
NSE Nifty: (5928) The support for the Nifty is at 5870-5840-5828 and the resistance to the up move is at 5967-6029 levels.
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