Last Trading Session: Market ended Negative on Friday with downtrend. Market was expected to go up after Reliance AGM but was unable to move up.
Today: Technically, market is in uptrend and may touch 5330 before seeing some reaction. Market is in fatigue mode and downtrend can’t be ruled out. But investor should remain invested and should not panic with all these small downtrend and should invest in fundamentally strong companies at cheap rates. Investor should do their own research or take advice of some better advising companies. Traders should take care of all the support and resistance levels.
EP-Investor Portal of EquityPandit has recommended Gremach Infra at Rs.19 few days back and now it has reached 29.80 giving 57% profits and SEL Manufacturing was recommended at 55 in just few 10 days back at Rs.55 and it has touched Rs.72 giving profits of 31%. So even now if you have not joined EP-Investor Package, don’t waste time and join it now to get huge profits. Now multiply your wealth with EquityPandit.
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BSE Sensex: (17571) The support for the Sensex is 17500 and the resistance to the up move is at 17730.
NSE Nifty: (5263) The support for the Nifty is at 5200-5250 and the resistance to the up move is at 5300-5330.