Trading the nifty on 26th
November
All the Asia Pacific markets have done
well. The DOW too has moved up on the last closing day. We a good reason to expect
a good opening on Monday. The political factor in the India has not contributed
much to the trading of the Nifty in the last
session. The SMI has clearly started
showing sings of reversal.
From hhere we can expect the Nifty to
touch the levels of 5640, 5656. On the
downside a good support exists at 5625
and 5606.
The pivot levels for 26th
November
|
NIFTY
|
Classical
|
Camarilla
|
Fibonacci
|
DeMark
|
|
Resistance 4
|
5651
|
|||
|
Resistance 3
|
5689
|
5639
|
5664
|
|
|
Resistance 2
|
5664
|
5635
|
5647
|
5664
|
|
Resistance 1
|
5645
|
5631
|
5636
|
5645
|
|
Pivot Point
|
5619
|
5619
|
5619
|
5619
|
|
Support 1
|
5601
|
5623
|
5602
|
5601
|
|
Support 2
|
5575
|
5618
|
5592
|
5575
|
|
Support 3
|
5557
|
5614
|
5575
|
|
|
Support4
|
5602
|
Happy trading!
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