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Last Trading Session: Exactly as per EquityPandit’s predictions, Market opened flat and remained in negative territory till RBI policy.Nifty saw lows right on EquityPandit’s predicted support levels of 6080 like a dot. Once RBI Policy was disclosed, Market moved sharply positive. Nifty saw strong resistance exactly at EquityPandit’s predicted resistance levels of 6229 like a dot. Finally, Nifty managed to close above 6200 levels.

Today: Indian Stock Market to open flat to positive. Nifty is now set to touch it’s life time high. Bank nifty will take nifty to its new lifetime high. However today nifty will consolidate as FED meeting result will be disclosed tonight. If nifty closes above 6229, then it will go to 6290 in next couple of days. Nifty would see strong supports at 6180 levels whereas strong support would be seen at 6258-6290 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20929) The support for the Sensex is at 20800-20600 and the resistance to the up move is at 21050 levels.

NSE Nifty: (6220) The support for the Nifty is at 6180 and the resistance to the up move is at 6258-6290 levels.

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