Dear Mr. Savant
Thanks for sharing with us, your knowledge in the Nifty futures market.
I am new to this thread and putting forward my tuppence worth of observation.
It appears that the Bulls are very much present in the market, however, they will need the support of global markets to build and sustain the upwards momentum.
Based on VPS, it appears that the bias is downwards, however, more may become visible around EOD.
Usually, is there any other event to influence the markets after Europe opens?
I think, along with the pivots, major events of the day may be listed to help understand the movements of the market. Appreciate if one of the readers may source the major news into this thread.
Good luck to all the readers.
Regards
Suresh