Kst Indicators crossed at oversold zone and trying to trade near base line suggesting volatility remains in market.
INDIA VIX
Open | High | Low | Current | Prev Close | |
25.89 | 26.59 | 23.69 | 25.21 | 25.89 | -2.63 |
India VIX lost 2.63% and remains 25.21 its a short term worry for bulls may Nifty Recovers if it reach and 24 and below and selling may build up if again trades above 25.5
PIVOT POINT
S 2 | S 1 | Pivot | R 1 | R 2 |
5310.2 | 5337.4 | 5375.4 | 5402.5 | 5440.5 |
Nifty Closed at 5364.75 below pivot suggesting volatile trade in Morning and panic leads to loss nifty Futures & Call options trading @ below Averages and Put Options Trading @ Above Averages suggesting possibilities of are high towards Shorts. Sell for 5337 and buy for 5402 if trading above pivot.
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