KST - 5 min
KST - 60 Min
KST - EOD
PIVOT
| Pivot | ||||
| S2 | S1 | Pivot | R1 | R2 |
| 5464.27 | 5500.13 | 5546.52 | 5582.38 | 5628.77 |
| Camarilla Pivot Points | ||||||||
| S4 | S3 | S2 | S1 | Pivot | R1 | R2 | R3 | R4 |
| 5490.76 | 5513.38 | 5520.92 | 5528.46 | 5546.52 | 5543.54 | 5551.08 | 5558.62 | 5581.24 |
Nifty trading at 5536 trading below pivots and averages suggesting downwards remains and if we look at charts we are trading in oversold zone and cross happened in oversold zone its not good thing for bears, EOD reaching its destination and we need a bounce here to continue downward journey... trading above pivot may result in short term bullishness which lead nifty to 5550-5580-5600.... and failing to hold the current position will be result in downward 5520-5500-5490.... sell on rise continues till Nifty finds another home for accommodation and we need a plan to reach its destination....
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