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Last Trading Session: Indian Stock Market opened gap positive and as predicted by EquityPandit that market will see strong resistance at 5810 for Nifty and 19110 for Sensex and exactly same happened. Market move positive and saw strong resistance exactly at EquityPandit’s predicted levels of 5810 for Nifty and 19110 for Sensex like a dot. Finally market closed just below EquityPandit’s predicted support levels.
Today: Indian Stock Market likely to open gap positive with atleast 50-100 points for Nifty. Now since market has breached strong supports of 5770, we may see levels of 6000 for Nifty and 20,000 for Sensex in next few days. Now some resistance may be seen at 5870-5962 whereas supports may be seen at 5770-5740. Traders should not take any short positions at this point of time. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.
BSE Sensex: (19058) The support for the Sensex is at 19032 and the resistance to the up move is at 19250-19490-19555.
NSE Nifty: (5788) The support for the Nifty is at 5770-5740 and the resistance to the up move is at 5870-5962.
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