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Last Trading Session: Exactly as per EquityPandit’s predictions, Indian Stock Market opened flat to negative and remained range bound throughout the day. Market neglected weak IIP/Inflation data, thanks to strong result of IndusInd bank. Finally Market managed to close above 6100 levels for Nifty. Sensex also saw resistances exactly near EquityPandit’s predicted resistance levels of 20670 levels.

Today: Indian Stock Market to open positive backed by good results from Reliance. 6190-6195 zone would act as next resistance for Nifty, once it breaches 6150 levels for Nifty. Overall market is clearly buy on dip. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (20607) The support for the Sensex is at 20450-20300 and the resistance to the up move is at 20670-20850 levels.

NSE Nifty: (6112) The support for the Nifty is at 6045 and the resistance to the up move is at 6190-6195 levels.

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