If we look at KST charts both lines are in over sold zone and bulls may struggle to gain.
INDIA VIX
| Open | High | Low | Current | Prev Close | |
| 23.30 | 27.52 | 23.30 | 26.63 | 23.30 | 14.29 |
India VIX is up by 14.29% indicating near term market may remain weak and we may face selling pressure at higher level.
PIVOT TABLE
| Pivot | S3 | S2 | S1 | Pivot | R1 | R2 | R3 | |
| Nifty-50 | 5258.6 | 5316.1 | 5382.8 | 5440.3 | 5507.0 | 5564.5 | 5631.2 | |
Nifty closed 5449.65 above pivot point need 57.65 points to reach Resistance 1 and need to loose 66.85 points to reach support 1 if we look at Nifty options call options are trading above averages and put options trading below averages indicating bull sentiments in morning. volatility expected and market may remains flat if global cues deals well.
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