Last Trading Session: As predicted by EquityPandit that market would open flat and would see strong support at 5300 levels for Nifty and resistance would be see near 5465 levels for Nifty with high volatility in the market and exactly same happened. Market opened flat and moved positive near EquityPandit’s predicted resistance levels of 5465 and sharp profit booking as done due to the lackluster budget. Market saw strong supports at EquityPandit’s predicted support levels of 5300 levels for Nifty like a dot and finally closed just above the support levels.
Today: Market likely to open positive. Technically, market is to be considered in sell mode and can test levels of 5210 again in days to come. Nifty possess strong resistance at 5400-5465 whereas supports would be seen at 5270-5210 for Nifty. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits. Traders can take help of EP-Basic Package to earn consistent daily profits in any market direction..
BSE Sensex: (17466) The support for the Sensex is 17380-17100 and the resistance to the up move is at 17900.
NSE Nifty: (5318) The support for the Nifty is at 5270-5210 and the resistance to the up move is at 5400-5465.
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