Last Trading Session:  Exactly as predicted by EquityPandit that market likely to open flat with 5040 as immediate support for Nifty and 16740 as immediate support for Sensex and exactly same happened. Market opened flat and exactly saw support at EquityPandit’s predicted levels of 5040 levels for Nifty and 16740 levels for Sensex like a dot. Finally market closed just above EquityPandit’s predicted support levels.

Today: Market likely to open positive with atleast 70-90 points for Nifty and 200-240 points for Sensex. Technically, Indian Stock market is still in consolidated region with 5025-4995 as immediate support levels for Nifty. 5125-5140 would act as barrier and immediate resistance to reach 5175-5205 levels for Nifty, which is strong resistance level for Nifty at this point of time. Diwali Festival can embed some positive trends for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (16786) The support for the Sensex is 16667-16496 and the resistance to the up move is at 16985-17096-17190.

NSE Nifty: (5050) The support for the Nifty is at 5025-4995-4950 and the resistance to the up move is at 5125-5140-5175.

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