Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat. EquityPandit predicted that market now entered into positive zone and strong resistance would be seen at 8605 levels for Nifty and exactly same happened. Nifty moved sharply positive and saw highs right at EquityPandit’s predicted resistance levels of 8605 like a dot. BankNifty also saw lows right at EquityPandit’s predicted support levels of 18140 and highs right near EquityPandit’s predicted resistance levels of 18690 levels. Traders, who followed EquityPandit’s advice to go long might have earned huge profits for the day. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market to open flat. Technically, Indian Stock Market is in positive trend and we would again see sharp positive movements in days to come. EquityPandit was the first Indian Equity Research Company to predict Nifty bottom of 8280 levels and EquityPandit already predicted that Nifty may see positive movment from there and same happened. Traders should go long at this point of time. FIIs were net buyers of Rs.209.87 crores whereas DIIs were net buyers of Rs.197.25 crores on last trading session. Nifty would see strong support at 8524-8500-8460 whereas strong resistance would be seen at 8630-8651-8732 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

NSE Nifty: (8586) The support for the Nifty is 8524-8500-8460 and the resistance to the up move is at 8630-8651-8732 levels.

NSE BankNifty: (18618) The support for BankNifty is at 18465-18400-18226 and the resistance to the up move is at 18934-19052-19177 levels.

BSE Sensex: (28260) The support for the Sensex is at 28065-27920-28880 and the resistance to the up move is at 28385-28460-28542 levels.

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