Profit Note: EP-F&O Special package gave profits of Rs.10,500 on one lot traded to all its subscribers in last trading session.

Last Trading Session: Exactly as predicted by EquityPandit that market would open negative gap down with atleast 100+ points for Nfity and 300+ points down for Sensex and same happened. Indian Stock Market opened gap down with exactly same number given by EquityPandit and closed exactly above EquityPandit’s predicted support levels of 5200.

Today: Market likely to see negative opening with atleast 70 points for Nifty and 200 points for sensex. Now market is in stage where it can move in either direction with sharp movements. Technically market should see sharp short covering after these huge downside movements but global worries may deflect the market direction. Traders should wait for sometime before entering into any call as market would be totally look at global issues before taking any further direction.

BSE Sensex: (17306) The support for the Sensex is 17000 and the resistance to the up move is at 17735.

NSE Nifty: (5211) The support for the Nifty is at 5100 and the resistance to the up move is at 5340.