While the overall strategy remains to sell all rallies to 5150 levels. We are not sure if the NIFTY can manage to post a final rally to 5150. However chances are pretty high that we have formed a significant high @ 5110 and we should again resume a downward/sideways movemen , which can take the NIFTY down to retest the last low of 4720.
NIFTY
PIVOT POINTS
R1-5111 R2-5157 R3-5241
PIVOT-5026
S1-4980 S2-4896 S3-4850
BANKNIFTY
PIVOT POINTS
R1-9781 R2-9904 R3-10112
PIVOT-9572
S1-9449 S2-9241 S3-9118
PIVOT POINTS
R1-5111 R2-5157 R3-5241
PIVOT-5026
S1-4980 S2-4896 S3-4850
BANKNIFTY
PIVOT POINTS
R1-9781 R2-9904 R3-10112
PIVOT-9572
S1-9449 S2-9241 S3-9118
No comments:
Post a Comment
THANKS