Last Trading Session: Exactly As predicted by EquityPandit, market would open flat but would see more upside and same happened. Market open flat with negative bias but remained positive with huge volatility and managed to close in green.
Today: Market likely to open negative. Overall Market still looks positive but would definitely see some profit booking at higher levels but as we said earlier, it would be smaller one. 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: (18943) The support for the Sensex is 18500 and the resistance to the up move is at 19000-19200.
NSE Nifty: (5687) The support for the Nifty is at 5500 and the resistance to the up move is at 5725-5760-5800.