The Nifty outlook for 27th September
Almost all of Asia Pacific region were
in the red and so was the Europe in the last trading session.. As I write this
the Dow was down 44 points. The Nikkei was also in the red. So how our market
will behave is something interesting to watch. If the nifty manages to stay
above the pivot of 5658 then it could climb to see the levels of 5696 and 5709.
If it loses ground it could test even levels of 5621 and 5609. What I have
suggested is the price range in which Nifty could trade.
For intra day
traders who use pivots to trade I have given the pivots below.
Mid R3 5702 R3 5712
Mid R2 5685 R2 5692
Mid R1 5668 R1 5678
Pivot 5658
Mid S1 5651 S1 5644
MID S2 5634 S2 5624
Mid S3 5617 S3 5610
Happy trading!!
No comments:
Post a Comment