GaurangJoshi

NIFTY Important levels for 27th August

GaurangJoshi Updated   
NSE:NIFTY   Nifty 50 Index
Pivot point with Support and Resistance only for education purpose. Updates will be provided based on bounce offs from the crucial levels.
Comment:
Opened Gap up in favor of Global cues and USD/INR, now respecting R2.
Comment:
VIX > 15, may remain volatile till expiry.
Comment:
Stiff resistance at 11180
Comment:
Expecting monthly expiry around 11100.
Comment:
Bounce from Pivot levels to closing price.
Trade closed: target reached:
Closing price of August expiry is 10948.

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