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Last Trading Session: Exactly as predicted by EquityPandit that market would open negative with 20-40 points for Nifty and 60 points for Sensex and would see strong support at 5170 for Nifty and 17050 for Sensex and exactly same happened. Market opened negative exactly with EquityPandit’s predicted levels of 20 points for Nifty and 60 points for Sensex and fell down from there. Market saw strong supports exactly at EquityPandit’s predicted support levels of 5170 for Nifty and 17050 levels for Sensex like a dot. Finally market closed in gap negative region just above EquityPandit’s support levels.

Today: Market likely to open negative with 20-40 points for Nifty and 60-100 points for Sensex. Market now entered in F&O Expiry day. We can further see some downtrend in the market but a sharp reaction (Positive rally) is sure to be seen in upcoming days. Nifty possess strong support at 5170-5080 levels for Nifty and resistance to move up would be seen at 5270-5300-5350 levels for Nifty. Now maximum one downtrend can be seen in the market then a sharp positive rally is expected. 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-Basic Package and EP-F&O Special Package to earn consistent daily profits in any market direction.

BSE Sensex: (17121) The support for the Sensex is 17050-16950-16800 and the resistance to the up move is at 17380-17504-17630.

NSE Nifty: (5195) The support for the Nifty is at 5170-5080 and the resistance to the up move is at 5270-5300-5350-5370.

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