Good morning
Today's JN SAR 5295 - day pivot 5336
SS lines are in buy mode near over bought zone (Green line touching 80% dotted line.). Waiting for them to come down and give +ve cross over.
9:58 -ve cross over seen in 30 mnts. chart.
10:50 Seems market is waiting for inflation data - trading in the range of 10 points
11:05 -ve cross over seen in 60 mnts. chart.
12:20 +ve cross over seen but above 80 % line, so not acting, good inflation data has given this cross over.
3:25 Though +ve cross over has come, it came above 80% line so no trades today.
Happy Independence day
Today's JN SAR 5295 - day pivot 5336
SS lines are in buy mode near over bought zone (Green line touching 80% dotted line.). Waiting for them to come down and give +ve cross over.
9:58 -ve cross over seen in 30 mnts. chart.
10:50 Seems market is waiting for inflation data - trading in the range of 10 points
11:05 -ve cross over seen in 60 mnts. chart.
12:20 +ve cross over seen but above 80 % line, so not acting, good inflation data has given this cross over.
3:25 Though +ve cross over has come, it came above 80% line so no trades today.
Happy Independence day
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