NSE Nifty: (11440) The support for the Nifty is 11400-11365-11300 and the resistance to the up move is at 11500-11555-11600-11682.
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Market Today: Indian Stock Market would open flat with positive predisposition. The Nifty would once again enter into an unfavorable zone once it closes listed below 11334 and if that takes place then the market would see a sharp downfall. Some short covering can be seen but total market would stay rangebound up until Nifty closes listed below 11334 or BankNifty closes above 22928 levels.
FIIs were net buyers of Rs.298.22 crores whereas DIIs were net sellers of Rs.120.35 crores in the money market for the last trading session. Nifty would see strong assistance at 11400-11365-11300 whereas strong resistance would be seen at 11500-11555-11600-11682 levels. EquityPandits support and resistance levels always satisfy accuracy and for this reason traders are recommended to follow them for great profits.
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Last Trading Session: Indian Stock Market opened favorable as predicted by EquityPandit. Indian Stock Market moved favorable however saw strong resistance near EquityPandits predicted resistance levels of 39240 for Sensex. Market Today: Indian Stock Market would open flat with favorable bias. The Nifty would again get in into a negative zone once it closes listed below 11334 and if that happens then the market would see a sharp downfall. Some short covering can be seen but total market would stay rangebound up until Nifty closes below 11334 or BankNifty closes above 22928 levels.
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Last Trading Session: Indian Stock Market opened positive as forecasted by EquityPandit. EquityPandit forecasted that the marketplace would still consolidate and traders should go long at dips till Nifty held above 11314 and exactly the same took place. Indian Stock Market moved positive however saw strong resistance near EquityPandits predicted resistance levels of 39240 for Sensex. IT Sector Outperformed yesterday. HCL Tech, TCS, Infosys and Tech Mahindra were the top performers yestreday. Market moved dramatically unfavorable from there due to the BankNifty. Finally, Indian Stock Market closed negative for the day.
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NSE BankNifty: (22101) The support for BankNifty is 22375-22240-22000-21925 and the resistance to the up relocation is 22606-22745-22850-23035-23170.
BSE Sensex: (38757) The assistance for the Sensex today is 38660-38500-38340 and the resistance to the up relocation is at 38880-39075-39240-39380 levels.