Nifty Futures 5 min
Nifty Futures 60 min
Nifty Futures EOD
Pivot
India VIX
Nifty Futures closed at 4923.15 above pivot and averages indicates market may try to reach Resistance of 4950 and 4977 and on lower side it may again try to take support from 4870 and 4818 and VIX closed with loss of 1.26% and failed to hold 50 DMA indicates little weakness and Stoch is attempting sell on VIX if this happens VIX may tank few points from here and it may be 1st sign of weakness of bears... now on Nifty charts, on hourly chart KST Indicator is holding Buy cross on oversold zone it may reach over bought zone slowly this time, on Friday bears tried well to but unable to protect some points from bulls and now looks as bulls fighting for few points and may get some points if global supports gains... as per chart we need to close carried longs if KST Indicator reached overbought zone or get erased due to selling, until fresh cross visible overbought zone fresh shorts here looks pure gamble... on EOD chart KST Indicator is on oversold zone and any fresh gains again give us a chance to sell from high, wait for high and sell from high is main mantra of the day
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