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Last Trading Session: Exactly as predicted by EquityPandit that Market would open negative and if market breaches levels of 5890 for Nifty then next target would be 5845 levels for Nifty and exactly same happened. Market opened negative exactly as per EquityPandit’s predictions. Nifty breached levels of 5890 in early trade and exactly as per EquityPandit’s predictions, market fell down sharply to 5845 levels for Nifty. Finally market closed just above EquityPandit’s predicted support levels of 5845 for Nifty. Sensex also saw lows exactly at EquityPandit’s predicted support levels of 19340.

Today: Indian Stock Market to open flat with negative bias. Technically, Indian Stock Market should see some more profit booking. If levels of 5835 are breached for Nifty then Nifty can fell down sharply. Nifty possess strong support at 5835-5818-5790 levels whereas resistance would be seen at 5880-5900 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (19362) The support for the Sensex is at 19340-19200-19110 and the resistance to the up move is at 19580-19700 levels.

NSE Nifty: (5851) The support for the Nifty is at 5835-5818-5790 and the resistance to the up move is at 5880-5900 levels.

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