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Last Trading Session: Indian Stock Market opened flat and remained rangebound throughout the day. Market saw strong resistance above 5700 as predicted by EquityPandit and saw profit booking at those levels. Finally market closed in negative region.

Today: Indian Stock Market likely to open flat. Indian Stock Market can still see some downtrend before further upmove to create strong supports. Now we are in F&O expiry and huge volatility would be seen. Some profit booking is not ruled out. But after some profit booking at this point of time, market would continue to move positive and levels of 5900-6000 for Nifty are very much possible till Diwali, but major resistance would be seen at 5710-5770 for Nifty, which if breached, market may advance till levels of 6000 for Nifty. Support would be seen at 5620. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

BSE Sensex: (18673) The support for the Sensex is at 18380 and the resistance to the up move is at 18800-18880-19000.

NSE Nifty: (5670) The support for the Nifty is at 5620 and the resistance to the up move is at 5710-5770.

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