EP-Basic Package is one of the most famous package among Indian traders .

Check Why EquityPandit recommends EP-Basic Package

Last Trading Session: Indian Stock Market opened flat with negative bias. As per EquityPandit’s prediction that market would remain rangebound and would see strong resistance at 5730 levels, which if breached then only sharp positive movements can be seen in the market and same happened. Market remained rangebound and was not able to breach EquityPandit’s predicted resistance levels hence saw sideways movements for the whole trading session. Finally market closed marginally positive for the day.

Today: Indian Stock Market likely to open flat with negative bias. Technically, analysis would remain same. Good news is, even though complete global market was negative yesterday, Indian stock market remained positively biased. This gives an impression that Indian markets are bound to go positive in days to come. Nifty would be considered positive until it holds levels of 5640-5630. Nifty possess strong support at 5635-5600 levels whereas resistance would be seen at 5730 for Nifty. Once Nifty breaches levels of 5730, then we can see Nifty touching 5775-5800 levels very fast. Until then Nifty would be rangebound between 5600-5730. Traders should buy at 5600 and add new positions to it only once Nifty crosses 5730 for sure returns. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (18763) The support for the Sensex is at 18550-18504-18430 and the resistance to the up move is at 18800-18880-19050.

NSE Nifty: (5704) The support for the Nifty is at 5635-5600 and the resistance to the up move is at 5730.

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