Trading above 9075 can leads to test all time high again
Camarilla Pivot point validates a move towards 9206, 9239 and 9272 until it sustains above 9075.217. According to theory of Camarilla Pivot points, when price takes U turn near L3 = 9075.217 (today's low 9075.15) indicates a move towards H1 (9206), H2(9239) and H3(9272) . Support zone for Nifty lies in between 9075 and 8976. Good for shorting nifty only below 8976 (breakdown level) for the targets 8889 and 8802.
Disclaimer: This is just my understanding about theory and execution. One can have their own analysis before executing positions.
Disclaimer: This is just my understanding about theory and execution. One can have their own analysis before executing positions.
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