Last Trading Session:  Exactly as predicted by EquityPandit that Market would open positive with 70 points for Nifty and 210 points for sensex and would see strong resistance near 5320 levels for Nifty and 17710 for Sensex and exactly same happened during last trading session. Market opened gap up with exactly 65-70 points for Nifty and 210 points for Sensex. Market saw resistance exactly near EquityPandit’s predicted levels of 5320 for Nifty and 17710 for Sensex.

Today: Market likely to open flat. Market is showing strength at lower region, which is a good sign. But huge profit booking is seen at higher levels due to psychological weak levels. 5400-5450 are strong hurdles for Nifty to be breached where as Nifty is seeing strong support at 5220 levels. SBI, Coal India and Tata Steel to declare their results by this week, which would directly affect Indian Market direction. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (17562) The support for the Sensex is 17330-17275 and the resistance to the up move is at 17700-17814

NSE Nifty: (5284) The support for the Nifty is at 5220-5200-5180 and the resistance to the up move is at 5325-5400.

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