KST indicators crossed in oversold zone and now trading near base line indicates volatility continues in morning trade.
PIVOT
| Pivot | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| Nifty-50 | 5420.4 | 5448.1 | 5479.6 | 5507.3 | 5538.8 | 5566.5 | 5598 |
Nifty Closed at 5511.15 above Pivot Point and Previous Resistance need 27.7 points to reach Resistance 1 and need to loose 3.8 reach Pivot market remains buy for 5538.8 and sell below 5479
INDIA VIX
| Open | High | Low | Current | Prev Close | |
| 26.63 | 26.63 | 24.14 | 24.89 | 26.63 | -6.53 |
India VIX is is at 24.89 near days low indicates market remains volatile and try to remain positive, VIX if again crosses 25.5+ market may under selling pressure other wise good for positive trend
No comments:
Post a Comment