Last Trading Session: Exactly as predicted by EquityPandit that market would open flat with positive bias and is strong but would see strong resistance at 5140 levels for Nifty and exactly same happened. Market opened flat and then moved up sharply as predicted but saw strong resistance at EquityPandit’s predicted resistance levels of 5140 for Nifty like a dot.Finally market closed sharp positive but just below EquityPandit’s predicted resistance levels of 5140 for Nifty and 17000 for Sensex. Traders should also have earned huge profits on following guidance of EP to go long until 5000 holds for Nifty.

Today: Market likely to open positive with 15-30 points for Nifty and 60-100 points for Sensex. Technically, market is strong and should move ahead but is overstretched and profit booking can be seen temporarily at any point of time. 5175 would act as immediate resistance and 5200 level for Nifty would be a strong level to look at. Huge volatility is expected due to F&O Expiry week. Now 5065 levels have been evolved as support levels for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. Traders can take help of EP-F&O Special Package or EP-Basic Package to earn huge profits in any market direction. Huge discounts are available on EP-F&O Special package, details of which can be seen here

BSE Sensex: (16995) The support for the Sensex is 16850-16740-16608 and the resistance to the up move is at 17110-17212-17350.

NSE Nifty: (5127) The support for the Nifty is at 5065 and the resistance to the up move is at 5175-5200.

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