The Nifty has opened at 5624 which wrote as a level to watch for. Although it did
opened at 5624 it could travel upto 5650 and came down to touch 5559. The entire
session was not very good for Nifty. From the chart we see a weak Nifty likely to
loose more points.
From
here the Nifty can find support at 5550 and 5531. Apart from this I have
nothing worthwhile to write about Nifty.
The below posted pivot points are valid for 19th November
|
NIFTY
|
Classical
|
Camarilla
|
Fibonacci
|
DeMark
|
|
Resistance 4
|
|
5624
|
|
|
|
Resistance 3
|
5720
|
5599
|
5685
|
|
|
Resistance 2
|
5685
|
5591
|
5651
|
5685
|
|
Resistance 1
|
5630
|
5582
|
5629
|
5630
|
|
Pivot Point
|
5595
|
5595
|
5595
|
5595
|
|
Support 1
|
5539
|
5566
|
5560
|
5539
|
|
Support 2
|
5504
|
5557
|
5539
|
5504
|
|
Support 3
|
5449
|
5549
|
5504
|
|
|
Support4
|
|
5524
|
|
|
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