Market has closed today above day's pivot of 5732.See our technical analysis for details. Market tried to crawl back to initial resistence of 5771 but stuck at 5767. It will try to attempt 5786 or 5810 or it may come down to 5665. This kind of pause normally shows downward bias or one more day at pause status.
As per Fibonacci retracement level of yesterday today market closed at 5740 which was 28% of yesterday's fibo retracement level.
| Fibonacci Retracement | |
| Retracement Level | Price |
| 23.6% | 5741.38 |
| 38.2% | 5771.31 |
| 50% | 5795.5 |
| 61.8% | 5819.69 |
As per Fibonacci retracement level of yesterday today market closed at 5740 which was 28% of yesterday's fibo retracement level.
