Last Trading Session: Exactly as predicted by EquityPandit that market would open positive and would move further positive but would see strong resistance at 5145 levels for Nifty and 19050 levels for Sensex and exactly same happened. Market opened positive as expected. Market moved further positive and saw strong resistance at EquityPandit predicted levels of 5145 levels for Nifty and 16950 levels for Sensex like a dot.

Today: Today is a big day for Indian Stock Market. Market will open positive with 40-70 points for Nifty on fading Greek fears. Now the next big news would be RBI Rate Cut which is going to held today. Nifty possess strong support at 5060-5000 levels for Nifty whereas resistance may be seen at 5200-5250 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: (16950) The support for the Sensex is 16750-16660 and the resistance to the up move is at 17050-17130-17260.

NSE Nifty: (5139) The support for the Nifty is at 5060-5000-4960 and the resistance to the up move is at 5145-5200-5250.

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