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Last Trading Session: Exactly as predicted by EquityPandit that market would open positive but market would see further downtrend and 5545 would act as strong support for Nifty and exactly same happened. Market opened positive as per EquityPandit’s prediction. Nifty saw further downtrend as per EquityPandit’s prediction and saw low exactly near EquityPandit’s predicted support levels of 5545 for Nifty. Finally market recovered and ended flat for the day.

Today: Indian Stock Market likely to open gap positive with 20-50 points for Nifty and 60-150 points for Sensex. Technically, a positive reaction is expected at this point of time. Market likely to see positive movements and can see levels of 5620 touching again. Nifty possess strong support at 5545-5500 levels whereas resistance may be seen at 5630-5670 for Nifty. Traders are suggested to trade long with strict stoploss at 5545 levels for Nifty. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Indian Market would see huge volatility in the rangebound region but EquityPandit is sure to generate huge profits for its subscribers. Subscribe now and Enjoy huge profits with EquityPandit in any market direction.

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BSE Sensex: (18339) The support for the Sensex is at 18300-18265-18200 and the resistance to the up move is at 18470-18550-18600.

NSE Nifty: (5571) The support for the Nifty is at 5545-5500 and the resistance to the up move is at 5630-5670.

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