Last Trading Session: Exactly as EquityPandit predicted that market would see sharp short covering and the same happened. Market saw sharp upmove from EquityPandit’s predicted support level of 19050 for Sensex. Market ended in positive region.
Today: Indian Stock Market likely to see gap up opening. Technically, Market should see some more positive trends in days to come. Its results season, so market would definitely react to the results and decide the further direction. 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: (19534) The support for the Sensex is 19200 and the resistance to the up move is at 19640-19835.
NSE Nifty: (5863) The support for the Nifty is at 5750 and the resistance to the up move is at 5885-5940-6000.
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