14 February 2020 (8:46 am IST)
Indian stock markets had a negative start yesterday but recovered smartly in the closing hours and finished the session with only marginally lower numbers, especially Nifty.
Nifty had staged a range breakout a couple of days ago, then become range bound. Today, SGX Nifty is showing an opening gain of nearly 40 points so we can expect Nifty to open near the previous open. After that, day traders should watch if Nifty starts climbing again or turns lower to stay range bound.
We have provided intraday pivot levels of major indexes on our Pivot Trading page. These levels are:
- Intraday Bank Nifty Pivot levels
- Intraday Nifty Pivot levels
- Intraday Nifty IT Pivot levels
- Intraday Sensex Pivot levels
Expect Indian stock markets to trade with volatility as we have seen this whole week. These markets will either continue their minor uptrend or stay sideways in the last two sessions’ trading range.