Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened 50 points positive for Nifty. EquityPandit predicted that Nifty would see some short covering in the market and we would see sharp positive rally and exactly same happened. Nifty and BankNifty saw sharp positive rally. Indian Stock Market closed right below EquityPandit’s predicted resistance levels of 8335 levels for Nifty. Sensex also closed just near EquityPandit’s predicted resistance levels of 27480. BankNifty also closed just at EquityPandit’s predicted resistance levels of 18500 like a dot. Traders, who followed EquityPandit’s advice to go long in the market, might have earned huge profits for the day.

Today: Indian Stock Market to open flat. Technically, now Nifty has also entered into positive zone and we could see some sharp positive rally in days to come. Traders should go long at every dip in the market. FIIs were net buyers of Rs.60.53 crores whereas DIIs were buyers of 146.8 crores in last trading session. Nifty would see strong support at 8250-8200 whereas strong resistance would be seen at 8385-8415-8450 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Important Results to be declared today: ABB, CENTURYTEX, DABUR, ELDERPHARM, KOTAKBANK, MUTHOOTFIN, PFIZER, SOUTHBANK, SPARC and TUBEINVEST.

NSE Nifty: (8332) The support for the Nifty is 8250-8200 and the resistance to the up move is at 8385-8415-8450 levels.

NSE BankNifty: (18501) The support for BankNifty is at 18420-18380-18200 and the resistance to the up move is at 18670-18723-18894 levels.

BSE Sensex: (27491) The support for the Sensex is at 27280-27160-27011 and the resistance to the up move is at 27570-27670-27937 levels.

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