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            Pivot Levels  
     
     
     
     
 
PIVOT LEVELS FOR 02 JAN 2017, MON
 
SCRIP
CLOSE
S3
S2
S1
PIVOT
R1
R2
R3
 669.30 
636.20 
644.10 
656.70 
664.60 
677.20 
685.10 
697.70 
 449.95 
438.78 
441.92 
445.93 
449.07 
453.08 
456.22 
460.23 
 630.00 
605.08 
610.87 
620.43 
626.22 
635.78 
641.57 
651.13 
 472.00 
460.50 
464.00 
468.00 
471.50 
475.50 
479.00 
483.00 
 NIFTY 
 8185.80 
8052.45 
8083.60 
8134.70 
8165.85 
8216.95 
8248.10 
8299.20 
 SENSEX 
 26626.46 
26190.39 
26298.46 
26462.46 
26570.53 
26734.53 
26842.60 
27006.60 
 8187.40 
8065.47 
8097.73 
8142.57 
8174.83 
8219.67 
8251.93 
8296.77 
 
     
 




Trading methodology:

If the scrip opens above the closing price, buy @ Closing Price, around Pivot, with the S1 as Stop Loss (SL). Book profits below / near R1 & R2 .

Buy above supports and sell below resistances.

If the scrip opens below the closing price, sell @ Closing Price, around Pivot, with the R1 as Stop Loss (SL). Book profits above / near S1 & S2.

Sell below resistances and buy above supports.

 
     
 
 
     
 
 
     
 
 
 
 
DISCLAIMER: Investment / Trading in stock market involves high risk. The views expressed above are based on technical analysis and do not reflect the fundamental value of the scrip. Readers using the information contained herein are solely responsible for their actions. No responsibility is assumed for any adverse consequence resulting out of acting on them.
 
 
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