Last Trading Session:  Exactly as predicted by EquityPandit that Market would open negative with atleast 40-60 points for Nifty and 120-150 points for Nifty and Global market sluggishness can also depress the Indian market strength but would see strong support at 5230 levels for Nifty and 17442 levels for Sensex and same exactly same happened. Market opened negative with exactly same numbers predicted by Equitypandit and saw strong support near EquityPandit’s calculated support levels of 5230 for Nifty and 17442 for Sensex. Finally market closed in deep red.

Today: Market likely to see gap negative opening with atleast 70-90 points for Nifty and 220-250 points down for Sensex due to Greece economic worries. Nifty sees strong support at 5174-5150-5125 levels with resistance at 5320 levels. Traders should be cautious before going long now as global worries would affect Indian Market sharply, so until and unless 5320 is breached on positive side, traders should think about short only. Since EquityPandit’s support and resistance levels always meet accuracy, hence traders are suggested to follow them for good profits.

BSE Sensex: (17481) The support for the Sensex is 17110-16800 and the resistance to the up move is at 17800

NSE Nifty: (5257) The support for the Nifty is at 5174-5150-5125 and the resistance to the up move is at 5320-5385.

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