Last Trading Session: Indian Stock Market opened favorable as anticipated by EquityPandit. EquityPandit forecasted that the market is still in favorable trend and traders should continue to hold long positions up until Nifty above 11346 and precisely the very same happened. Indian Stock Market moved greatly positive as predicted and saw highs right near EquityPandits predicted resistance levels of 11556 for Nifty.
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NSE BankNifty: (23414) The support for BankNifty is 23240-23180-23140-23060-22940 and the resistance to the up move is 23540-23600-23660-23740-23808.
FIIs were net buyers of Rs.1581.31 crores whereas DIIs were net sellers of Rs.1194.62 crores in the money market for the last trading session. Nifty would see strong support at 11515-11498-11450-11412 whereas strong resistance would be seen at 11605-11630-11682-11700 levels. EquityPandits support and resistance levels constantly meet accuracy and for this reason traders are recommended to follow them for good earnings.
Indian Stock Market moved greatly positive as forecasted and saw highs right near EquityPandits predicted resistance levels of 11556 for Nifty. Market Today: Indian Stock Market would open flat. Market is a bit stretched but remarkably Bank Nifty breached its 5 months long trendline resistance and handled to close above those levels. Market would enter into an unfavorable zone just if it closes above 11382 for Nifty and 22797 for BankNifty but till then traders ought to continue to hold long positions in the market.
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BSE Sensex: (39074) The support for the Sensex today is 38940-38800-38747-38700-38540 and the resistance to the up move is at 39170-39240-39380-39470 levels.
Market Today: Indian Stock Market would open flat. Market would get in into an unfavorable zone only if it closes above 11382 for Nifty and 22797 for BankNifty but till then traders need to continue to hold long positions in the market.
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NSE Nifty: (11550) The support for the Nifty is 11515-11498-11450-11412 and the resistance to the up relocation is at 11605-11630-11682-11700.