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Last Trading Session: Exactly as predicted by EquityPandit, that Market will open positive with 45 points for Nifty and 140 points for sensex and would see upmove to touch 5100 levels and exactly same happened as predicted by EquityPandit. Market opened positive with around 40-45 points for Nifty and 132-140 points for sensex, exactly on the levels predicted by EquityPandit like a dot. Indian Stock Market saw support near EquityPandit’s predicted support levels of 4950 and saw sharp upmove from there. Finally market closed exactly near EquityPandit’s predicted resistance levels of 5100. Sensex saw high exactly on EquityPandit’s predicted resistance levels of 16920 like a dot.
Today: Market likely to open gap positive with atleast 70+ points for Nifty and 235+ points for Sensex. Technically, 5150-5200 would act as immediate resistance and 5024-4975 would act as support levels for Nifty. Market would be considered positive until 5024 levels are breached at lower side. Traders can trade long until 5024 holds. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.
BSE Sensex: (16876) The support for the Sensex is 16612-16498 and the resistance to the up move is at 17167-17212-17256.
NSE Nifty: (5076) The support for the Nifty is at 5024-4975 and the resistance to the up move is at 5150-5200.
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