Last Trading Session: Exactly as predicted by EqutiyPandit that market would open negative with 40-60 points for Nifty and 120-150 points for Sensex and would see strong support at 5024 levels for Nifty and exactly same happened. Market opened negative with exact prediction of EquityPandit with 40-60 points for Nifty and 120-150 points for Sensex. Market saw support exactly at EquityPandit’s predicted levels of 5024 for Nifty and rebounded to close nearby these levels.

Today: Market likely to open negative. Technically market still looks weak and would see immediate resistance at 5100 levels for Nifty. Market likely to see immediate support at 5983 levels and strong support at 4950 levels for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (16745) The support for the Sensex is 16498 and the resistance to the up move is at 17022-17127.

NSE Nifty: (5032) The support for the Nifty is at 4983-4950 and the resistance to the up move is at 5100-5150.

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