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Last Trading Session: Exactly as predicted by EquityPandit that market would open gap negative and would remain above 5620 for Nifty and exactly same happened. Market opened gap negative as per EquityPandit’s predicted. Market remained volatile throughout the trading session. Nifty managed to stay above EquityPandit’s predicted support levels of 5620. Finally, market closed marginally negative.

Today: Market likely to open flat. Today is F&O Expiry day and hence market is expected by see huge volatility. Market would be considered positive until 5620 holds for Nifty. Some further downtrend would definitely be seen before major positive movements. Nifty would see strong support at 5620 whereas resistance would be seen at 5710-5770. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (18632) The support for the Sensex is at 18540-18380 and the resistance to the up move is at 18800-18880-19000.

NSE Nifty: (5663) The support for the Nifty is at 5620 and the resistance to the up move is at 5710-5770.

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