GOOD MORNING
AT the point Market is high volatile under pressure for global cues, but trying to not break hopes for good inflation data on news.
Nifty
- Prv Close 2848.45
- Pivot Point 2873
- Supports 2771>2692>2590
- Resistance 2951>3053>3131
Sensex
- Prv Close 9536.33
- Pivot Point 9614
- Supports 9299>9062>8747
- Resistance 9851>10166>10403
Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 70.62 (+3.63%)
ADVISE TO TRADERS AND INTRADAY - High volatile day, no clear trend visible, but the breath is still negetive. 30 mins prior to EU markets looks high risky.
ADVISE TO INVESTOR COMMUNITY - Risky players can take short term positions on dips, but buy small quantity only in panic dips, safe players have to wait now..
Quote: Money is lacking? Well then, create it! - Goethe
Disclaimer : "above is my personal observation, may not match with market trends, posted for information purpose only, Please consult your finance advisor before entering any investment / trading descision"
1 comment:
Great blog, your trading calls are easy to follow. Please can you update for Monday?
thanks
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