Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened 20 points positive for Nifty. EquityPandit predicted that market has seen weekly positive breakout as per EquityPandit’s mathematical models and hence traders should trade long at every dip in the market which would be seen on intraday basis and exactly same happened. Indian Stock Market saw positive opening and fell down sharply. Market recovered from day lows and closed gap positive for the day. Sensex also saw highs right near EquityPandit’s predicted resistance levels of 29062 and closed just below those levels. Traders who followed EquityPandit’s advice, might have earned huge profits for the day.

Today: Indian Stock Market to open flat. Technically, Indian Stock Market has seen weekly positive breakout as per EquityPandit’s Mathematical model, so now, traders should trade positive at every dip in the market. Some profit booking would be seen as market is too stretched but it would be temporary in nature and traders should utilize those dips to go long in the market. FIIs were net buyers of Rs.417.01 crores whereas DIIs were net buyers of Rs.46.42 crores in last trading session. Nifty would see strong support at 8760-8700-8677 whereas strong resistance would be seen at 8845-8880-8900 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

NSE Nifty: (8834) The support for the Nifty is 8760-8700-8677 and the resistance to the up move is at 8845-8880-8900 levels.

NSE BankNifty: (18798) The support for BankNifty is at 18645-18517-18400 and the resistance to the up move is at 19052-19175-19441 levels.

BSE Sensex: (29044) The support for the Sensex is at 28840-28620-28546-28374 and the resistance to the up move is at 29154-29320-29411 levels.

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