Today we see that after first couple of hour struggle nifty come back strongly and once again cross the 5700 imporatnt level. Now the question is what is next level for trading in nifty,So friends keep the eye of 5735 level in nifty cash if market sustain this level we can see strong short covering rally that can reach the nifty at 5830 level.
Nifty daily important pivot level for intraday trading along with Camarilla Level & Fionacci Retracement Level for day traders which is like to trade in nifty for 19-oct-12 trading session.
Nifty daily important pivot level for intraday trading along with Camarilla Level & Fionacci Retracement Level for day traders which is like to trade in nifty for 19-oct-12 trading session.
| Support - Resistance | Simple Pivot | Woodies | Demark | Camarilla Level | Fibonacci Pivot |
|---|---|---|---|---|---|
| R4 | - | - | - | 5758.27 | 5790.65 |
| R3 | 5815.9 | 5826.63 | - | 5738.49 | 5763.17 |
| R2 | 5769.2 | 5774.56 | - | 5731.89 | 5754.68 |
| R1 | 5743.95 | 5754.68 | 5756.58 | 5725.3 | 5746.18 |
| PP | 5697.25 | 5702.61 | - | - | 5697.25 |
| S1 | 5672 | 5682.73 | 5684.63 | 5712.1 | 5691.22 |
| S2 | 5625.3 | 5630.66 | - | 5705.51 | 5682.73 |
| S3 | 5600.05 | 5610.78 | - | 5698.91 | 5674.23 |
| S4 | - | - | - | 5679.13 | 5646.75 |
