If we Look at charts both lines of KST indicators are in range of 0 Zone indicating volatility and negative trend in morning and nifty falls below and trading below 5530 may be sell indication for short term trade. if Nifty tries to maintain or stay above 5530-5535 will be short term positivity in Market but
Pivot Table
| S 2 | S 1 | Pivot | R 1 | R 2 |
| 5438.00 | 5484.45 | 5523.90 | 5570.30 | 5609.75 |
nifty closed at 5531.00 above Pivot point (+7.0) & near to pivot point suggesting up move in morning if nifty unable to managed to stay above pivot its small term trouble for bulls and nifty will try to reach 5484.
India VIX
| Open | High | Low | Current | Prev Close | |
| 23.67 | 24.23 | 22.46 | 23.28 | 23.67 | -1.65 |
India VIX maintained to close below 24 if again reaches today's day high of 24.23 and trade above 24 we may see fresh selling opportunities on tomorrow for Intraday otherwise its a good time for invest and stay on long side.But all call options options ranges between 5400, 5500 & 5600 closed below average prices and put option ranges between 5500 & 5400 and 5300 closed below average prices indicating a heavy volatility in near term.
[edit]
No comments:
Post a Comment