Trading the Nifty on 27th
November
The Nifty has behaved in the manner as we expected. The one minus point
is the volumes are falling, which indicates low participation. Although the
Nifty is in a comfortable zone, it is little difficult to predict the nifty
now. Any way I have attempted to do it.
|
NIFTY
|
1st Target
|
2nd Target
|
Stop loss
|
|
|
Buy above
|
5643.77
|
5659.73
|
5678.55
|
5625.00
|
|
Sell below
|
5625.00
|
5609.07
|
5590.36
|
5643.77
|
The other pivot levels for 27th November
|
NIFTY
|
Classical
|
Camarilla
|
Fibonacci
|
DeMark
|
|
Resistance
4
|
5650
|
|||
|
Resistance
3
|
5675
|
5643
|
5662
|
|
|
Resistance
2
|
5662
|
5641
|
5652
|
5662
|
|
Resistance
1
|
5649
|
5638
|
5646
|
5649
|
|
Pivot
Point
|
5636
|
5636
|
5636
|
5636
|
|
Support
1
|
5623
|
5634
|
5626
|
5623
|
|
Support
2
|
5610
|
5631
|
5620
|
5610
|
|
Support
3
|
5597
|
5629
|
5610
|
|
|
Support4
|
5622
|
Happy trading!
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