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Last Trading Session: Exactly as predicted by EquityPandit that market would open positive and would see strong resistance at 5750 whereas support would be seen at 5645 levels for Nifty. Market opened positive as per EquityPandit’s predictions. Nifty remained rangebound between EquityPandit’s predicted support and resistance levels. Finally market closed flat for the day. Sensex also saw strong resistance exactly at EquityPandit’s predicted resistance levels of 18880.

Today: Technically, analysis would remain same. Indian Stock Market likely to open flat to negative. Every down move would be backed with short covering. Market would remain rangebound. Nifty would see strong support at 5665-5645-5600 whereas resistance to up move would be seen at 5730-5755-5800.Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (18731) The support for the Sensex is at 18560-18380 and the resistance to the up move is at 18880-18950-19075 levels.

NSE Nifty: (5689) The support for the Nifty is at 5665-5645-5600 and the resistance to the up move is at 5730-5755-5800 levels.

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