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Last Trading Session: Exactly as predicted by EquityPandit, Market open flat with positive bias but went down due to sudden sell-off in Asian equities. However thanks to Banknifty, Nifty recover almost 50 points from day’s low & defended its support level of 6163 by closing.

Today: Indian Stock Market to open flat to negative. Market will likely to face resistance at higher level and now 6229 is the very crucial resistance to deal with. On the negative side 6100-6080 is the important support. Closing above 6229 would force market to see another 100 points upmove for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20767) The support for the Sensex is at 20658-20480 and the resistance to the up move is at 20850 levels.

NSE Nifty: (6178) The support for the Nifty is at 6163-6120-6080 and the resistance to the up move is at 6229-6200 levels.

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