Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive. EquityPandit predicted that some positive movement can be seen at this point of time but market would consolidate in a range bound region and exactly same happened. Nifty and Bank Nifty moved between EquityPandit’s predicted support and resistance levels and finally closed flat for the day.

Today: Indian Stock Market would open positive with 30-60 points for Nifty and 100-200 points for Sensex. Technically, Indian Stock Market is still in negative zone but some sharp short covering (Positive movement) can’t be ruled out at this point of time. Bihar Poll results prediction on November 05, 2015 would stir the market. Major movement would be seen only on November 09, 2015. Market is waiting for Poll results to see further direction. FIIs were net sellers of Rs.449.84crores whereas DIIs were net buyers of Rs.350.31 crores in last trading session. Nifty would see strong support at 8030-8000-7980-7950 whereas strong resistance would be seen at 8120-8150-8180-8210 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

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Important Results to be disclosed today: Ashok Leyland, Bank Of Mahrashtra, Bata India, Birlacorp, Canara Bank, Chennai Petroleum, Engineers India Ltd, Essar Ports, Fortis, Godrej Properties, IDBI, JK Lakshmi Cement, Marico, Omaxe, Reliance Infrastructure and SPARC.

NSE Nifty: (8061) The support for the Nifty is 8030-8000-7980-7950 and the resistance to the up move is at 8120-8150-8180-8210 levels.

NSE BankNifty: (17326) The support for BankNifty is at 17200-17060-16953-16875 and the resistance to the up move is at 17480-17570-17660 levels.

BSE Sensex: (26591) The support for the Sensex is at 26375-26300-26215 and the resistance to the up move is at 26735-26950-27060-27165 levels.

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