Stocks snapped a five-session losing streak as participants took advantage of oversold conditions. With stocks down roughly 10% during the five sessions leading up to the open, strong gains overseas provided an excuse for buyers to enter the fold and short-sellers to cover their positions.
Dow Pivot :
----S2-----------S1-------------Pivot-----------R1------------R2----
6,607.69-----6,741.77------6,860.49------6,994.57-----7,113.29
FTSE Pviot :
----S2-----------S1-------------Pivot-----------R1------------R2----
3,465.08-----3,555.47------3,602.49------3,692.88-----3,739.90
Dow Pivot :
----S2-----------S1-------------Pivot-----------R1------------R2----
6,607.69-----6,741.77------6,860.49------6,994.57-----7,113.29
FTSE Pviot :
----S2-----------S1-------------Pivot-----------R1------------R2----
3,465.08-----3,555.47------3,602.49------3,692.88-----3,739.90
Mahaveerji,
ReplyDeletedow & ftse pivot as well as strangle system give good help direction abt indian market. excellent job by u keep it !!