Profit Note: EP-F&O Special package gave profits of Rs.31,500 on one lot traded to all its subscribers in last trading session.
Last Trading Session: Exactly as predicted by EquityPandit that market would open flat with negative bias and would remain in this consolidated region of 5405-5535 for some time and same happened Market opened flat with negative bias and saw resistance near our resistance levels and ended flat.
Today: Indian Stock Market likely to see gap up opening with atleast 60 points for Nifty and 200 points for Sensex. Market will see sideways movement. Technically, 5465-5405 would be immediate support and 5535-5565 would be immediate resistance for Nifty. Traders can work out with these support and resistance levels. Now there are chances for market to see short covering (positive trends) after a big selling so investors should consider this as an opportunity to invest.
BSE Sensex: (18197) The support for the Sensex is 18005 and the resistance to the up move is at 18440.
NSE Nifty: (5482) The support for the Nifty is at 5465-5405 and the resistance to the up move is at 5535-5565.