GaurangJoshi

NIFTY Important levels for 27th August

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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