EquityPandit forecasted that the market is bullish until Nifty above 11028 and traders need to hold long positions in the market and precisely the very same occurred. Indian Stock Market moved dramatically positive as predicted and traders who followed EquityPandits suggestions might have earned big earnings for the day. Market Today: Indian Stock Market would open favorable. Market would still be thought about bullish till it holds above 11167 levels for Nifty and 21333 levels for Bank Nifty.
FIIs were net purchasers of Rs.1632.25 crores whereas DIIs were net buyers of Rs.259.46 crores in the money market for the last trading session. Nifty would see strong support at 11380-11327-11300-11215 whereas strong resistance would be seen at 11485-11535-11585-11618-11682 levels. EquityPandits assistance and resistance levels always meet precision and thus traders are recommended to follow them for good revenues.
BSE Sensex: (38697) The support for the Sensex today is 38600-38500-38340-38270 and the resistance to the up relocation is at 38880-39075-39240-39380 levels.
NSE Nifty: (11417) The support for the Nifty is 11380-11327-11300-11215 and the resistance to the up relocation is at 11485-11535-11585-11618-11682.
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NSE BankNifty: (22246) The assistance for BankNifty is 22000-21925-21815-21675 and the resistance to the up relocation is 22385-22545-22745-22850.
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EquityPandit forecasted that the market is bullish until Nifty above 11028 and traders must hold long positions in the market and exactly the exact same took place. Indian Stock Market moved sharply positive as anticipated and traders who followed EquityPandits guidance may have earned huge earnings for the day.
Market Today: Indian Stock Market would open favorable. Technically, Market is still in the favorable zone. Market would still be considered bullish until it holds above 11167 levels for Nifty and 21333 levels for Bank Nifty. Traders can hold long positions until market holds above these levels. US President Trump tests positive of Coronavirus and has been put on steroids that is recommended for serious Covid-19 cases. Investors would view Trumps health conditions. Some earnings booking cant be ruled out but traders must go long at dips till market holds above the reversal levels.