25 November 2019 ( 9:06 am IST)
Indian stock markets are trading within a broad trading range. Indian stocks keep having minor up and down trends within this range. In the last few sessions, we have seen a minor downtrend within this range. Day traders should now watch support levels to see if major indexes stop here, or the downtrend continues.
Nifty has major support at 11, 900. It is expected that the index will become range bound near this level. We have provided intraday range levels 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 within the last session’s trading range. Markets may remain volatile as major indexes will roam between support and resistance levels. Day traders should use trading strategies for range bound trend, and trade with technical signals.