22 November 2019 ( 9:06 am IST)
Indian stock markets had closed near the day’s low yesterday, which is a negative signal. Major indexes are still trading within their important support and resistance levels, so that range bound trading pattern will continue which we have been witnessing in these markets since the last three weeks.
The intraday range level are available on our Pivot trading page. For major indexes, these levels are:
- Intraday Bank Nifty Pivot levels
- Intraday Nifty Pivot levels
- Intraday Nifty IT Pivot levels
- Intraday Sensex Pivot levels
Indian stock markets are expected to trade with typical volatility and remain within their last 3 weeks’ major range levels. Day trader should watch these long term support and resistance levels, and trade with the short term trend as indicated by the technical signals.