Profit Note: EP-F&O Special package gave profits of Rs.39,000/- on one lot traded per call  to all its subscribers on last trading session, even when market was deep negative.

Last Trading Session:  Exactly as predicted by EquityPandit that market would open negative and will see profit booking at these levels with strong support near 5040 levels for Nifty and 16770 levels for Sensex and exactly same happened. Market opened with 50 points negative for Nifty but saw further profit booking and fell near EquityPandit’s predicted support levels of 5040 for Nifty and 16770 for Sensex, from where it rebounded back to close 5091 for Nifty and 16937 for Sensex.

Today: Market likely to open flat with positive bias. Technically, Indian Stock market is still in consolidated region with 5040 as immediate support and 5025-5000 as strong support levels for Nifty. 5140 would act as barrier to reach 5175-5205 levels for Nifty, which is strong resistance level for Nifty at this point of time. EquityPandit’s next target for Nifty is 5175 levels, which seems to be achievable in upcoming days. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (16937) The support for the Sensex is 16740-16667 and the resistance to the up move is at 17096-17190-17247.

NSE Nifty: (5091) The support for the Nifty is at 5040-5025-5000 and the resistance to the up move is at 5140-5175-5205.

Note: If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com

Premium Subscription Pricing details can be seen at Pricing