KST Indicators Crossed at over sold zone and reaching baseline indicating volatile trade in morning
INDIA VIX
Open | High | Low | Current | Prev Close | |
24.89 | 26.11 | 23.47 | 25.26 | 24.89 | 1.49 |
India VIX is up by 1.49% volatility indicated, if crossed 26+ again may we face little trouble. sell on rise is indicated for intraday trade.
PIVOT
Pivot | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
Nifty-50 | 5343.2 | 5389.2 | 5417.9 | 5463.9 | 5492.6 | 5538.6 | 5567.3 |
Nifty Closed at 5446.65 marginally above pivot needs 46 points to reach Resistance 1 and needs 28.7 points to reach Support 1 sell for 5417 buy for 5492. Nifty Futures closed below averages indicating there is a selling pressure but if we look at option data call options closed below averages and put options closed marginally below averages expect 5500 put, 5500 put marginally above from averages.
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