Last Trading Session:  As predicted by EquityPandit that Market would open negative with a big gap and would see strong support at 4818 for Nifty and 16162 for Sensex and same happened. Market opened gap down with almost 2% down for Nifty and Sensex as expected and saw strong support near EquityPandit predicted support levels for Nifty and Sensex. Finally market closed negative with almost 1.6%.

Today: Market likely to open positive with 30-50 points for Nifty and 110-140 points for Sensex. But this week would be very difficult for Indian Markets, But Why? We would send your report soon in next Email. Technically, Indian stock market is weak and currently in the region where downside don’t have very strong supports until 4650 for Nifty but posses weak supports at 4815-4750-4720 for Nifty whereas strong resistance would be seen at 4950 for Nifty. Market may definitely see positive movements anytime now but would be temporary until market breaches 4950 levels for Nifty on positive side. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. EP-Basic Package of EquityPandit with high accuracy and consistent daily profits to all its subscribers can generate good profits for traders in this type of Market. This package provides consistent daily profits in all market conditions whether market moves up or falls sharply.

BSE Sensex: (16213) The support for the Sensex is 16142-15969-15850 and the resistance to the up move is at 16370-16430-16600.

NSE Nifty: (4867) The support for the Nifty is at 4818-4750 and the resistance to the up move is at 4950-5000.

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