From the high of 20222 Nifty has retraced up to 0.5% Fibo retracement@19704 - This corresponds to Hour 200 EMA and aslo +ve divergence seen in 14RSI charts in Hour, 15min and 5 min TF. A pause likely here towards 19900 but with an Hour close below 19690 - down pressure would be imminent.
Prev Day
high - 19848
low - 19704
close - 19742
Intraday Levels for trading
Buy above 19745 - with SL below 19690
Sell below 19690 with 15 min close above19705
