Last Trading Session: As predicted by EquityPandit that Market would open flat with negative bias and Nifty needs to breach the levels of 5320 to further high else some correction would be seen but traders can trade long until 5260 holds for Nifty and same happened. Market opened flat with negative bias exactly as per Equitypandit’s prediction. Nifty saw strong resistance at 5320 levels but finally managed to end above those levels confirming the bulls trend.

Today: Market likely to open flat. Now since Nifty had ended above 5320 levels, further positive movements can be seen in days to come. Technically, Nifty had now emerged with new support at 5300 levels, hence traders can trade long until 5300 holds for Nifty. Nifty possess strong support at 5300-5260 levels whereas resistance may be seen at 5375 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: (17539) The support for the Sensex is 17380-17200 and the resistance to the up move is at 17600-17740.

NSE Nifty: (5327) The support for the Nifty is at 5300-5260 and the resistance to the up move is at 5375.

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