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Last Trading Session: Exactly as predicted by EquityPandit that market would open flat and long trades should only be taken if Nifty stays above 5630 levels for long unless shorts can be taken and Market would see strong resistance near 5630 levels for Nifty and 18550 levesl for Sensex and exactly same happened. Market opened flat as per EquityPandit’s prediction and was not able to sustain levels of 5630 and hence as per EquityPandit’s prediction short signal was generated and market fell down upto 5590 levels for Nifty. Sensex also saw high exactly at EquityPandit’s predicted resistance levels of 18550 like a dot. Finally market closed just below EquityPandit’s predicted resistance levels at 5627 for Nifty and 18507 for Sensex.

Today: Indian Stock Market likely to open positive. Technically, analysis would remain same. Long Trade should only be taken if market stays above 5630 levels else shorts can be taken. Market would remain highly volatile due to parliament session. Nifty would see strong resistance at 5635-5670 for Nifty, whereas supports would be seen at 5600-5580-5550 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Indian Market would see huge volatility in the rangebound region but EquityPandit is sure to generate huge profits for its subscribers. Subscribe now and Enjoy huge profits with EquityPandit in any market direction.

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BSE Sensex: (18507) The support for the Sensex is at 18380-18300-18265 and the resistance to the up move is at 18550-18600-18740.

NSE Nifty: (5627) The support for the Nifty is at 5600-5580-5550 and the resistance to the up move is at 5635-5670-5720.

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