Nifty Futures 5 min
Nifty Futures 60 min
Nifty Futures EOD
Pivot
India VIX
Nifty Futures closed at 4957.15 up by 2.58% from previous close again small weakness visible at closing and closed below averages and Pivot again showing some weakness and may try o test support zone of4923 and 4890 and if holds 4969 upside it may try to reach 5002 and 5048 and on
India VIX, today VIX closed at 25.02 down -5.8% %, Stochastic is holding Sell from overbought zone and now MACD is attempting Sell from bullish sign on Nifty, now VIX is now protected by support at 200 DMA (23.71) 15 and 21 DMA (26.07) is nearest resistance holding this it may test 29.79 and on downside 100 DLEMA (24.36) and 200 DMA (23.71) are support and fall is limited till this two supports are protecting VIX fall.
on Nifty Charts after a very good gapup we still watching sell on hourly chart. KST Indicator still holding Sell on overbought zone and looks like selling is pending wait for longs and may try Intraday longs if hourly supports gains and use Strict Stop loss in intra longs as nifty is at over bought zone and holding sell or wait for fresh cross on over sold zone for longs. On daily chart we may see buy on oversold zone wait for a dip to enter in longs again.
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