sir, if i may add one more thing, that today it has superbly retraced from the 38.2% retracement level of 4255... so, as of now, the quality of this bull should not be doubted...
now, if spot can cross 4355, it would be just rev up bulls
Look at HANG SENG / KOPSI / DAX / DOW / ETC /ETC,what happened with Sonar & Lohar buddy.
Daily Pivot / Wkly Pivot are usefull,becoz Mkt seem to stall there,as all Retailers like us respect those Levels,Smart Money knows that.
There are several Pivot calculations ,'Camerrila' / 'Woody's' / Etc ,all these as a budding trader EACH & EVERYONE of us know.
People who trade with Actual Money at stake,obviously has his/her methods,there are many 'Paper Trader',people who trade from Office computer can not be a totally focused trader.
Trying 1 method today another 1 to-morrow will never help us.
We all are Students of Mkt,there is no 100% sure thing.