12 March 2019 (9:17 am IST)
Indian stock markets broke out of their current range yesterday, and since then these markets have been unstoppable.
After a big rally yesterday, these markets have opened with another jump, but that can trigger some volatility in initial trading. Day traders should be cautious and wait for some dip to enter the long trade.
Our Pivot Trading page has intraday pivot levels for major indexes, with support and resistance levels. These levels are:
- Intraday Bank Nifty Pivot levels
- Intraday Nifty Pivot levels
- Intraday Nifty IT Pivot levels
- Intraday Sensex Pivot levels
The short term trend has turned positive for Indian stock markets, which was earlier range bound. The yearly trend is still range bound, like other markets.