All Major Events Finished, Now Indian Market Headed Towards New Highs

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat with 0.15 points negative for Nifty. EquityPandit predicted that Indian Stock Market would consolidate before US FED decision and exactly same happened. Market saw lows right near EquityPandit’s predicted support levels of 9080 levels for Nifty, 29350 levels for Sensex and 21055 levels for BankNifty. Finally, Indian Stock Market managed to close flat for the day as per EquityPandit’s predictions.

Today: Indian Stock Market would open gap positive. Technically, Indian Stock Market is still in positive zone. All major events like UP Polls and US FED Interest Rate hike have been finished which will now remove uncertainty from the markets and Indian Stock Market would head towards new highs. Indian Stock Market would move positive and traders should hold long positions or go long at every dip in the market. BankNifty would achieve EquityPandit’s target of 21500-22000 soon. Nifty would also see targets of 9180-9220-9300, soon. EquityPandit suggested yestereday to go long at dips and traders who followed EquityPandit’s advice would earn whopping profits today. Investors can go long in bluechip companies and Banking sector. Overall, market is positive and all trades should be in long side.

FIIs were net buyers of Rs.1141.13 crores whereas DIIs were net sellers of Rs.126.75 crores in cash market for last trading session. Nifty would see strong support at 9060-9020-9000-8960 whereas strong resistance would be seen at 9122-9180-9200-9218 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (9085) The support for the Nifty is 9060-9020-9000-8960 and the resistance to the up move is at 9122-9180-9200-9218 levels.

NSE BankNifty: (21158) The support for BankNifty is at 21055-20985-20900-20850-20740 and the resistance to the up move is at 21275-21380-21500-21720 levels.

BSE Sensex: (29398) The support for the Sensex is at 29350-29240-29154-29060 and the resistance to the up move is at 29500-29570-29700-29880 levels.

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