Last Trading Session: Exactly as predicted by EquityPandit, overall market is positive but 5960 would be strong resistance and 5850 would be strong support and same happened. Market remained in the same region.
Today: Market likely to open flat. Still 5960 is strong resistance for Nifty. Some profit booking is surely expected. Overall Market is still positive and our next logical target would be 5960. Market is expected to breach level of 6000 for Nifty, once 5960 is breached. Since EquityPandit resistance and support levels always meet accuracy, Traders should take care of all the support and resistance levels as not taking care of support levels may lead to losses. Investor can remain invested.
BSE Sensex: (19612) The support for the Sensex is 19500 and the resistance to the up move is at 19850-20000.
NSE Nifty: (5892) The support for the Nifty is at 5850 and the resistance to the up move is at 5960-6000.