Nifty chart

Market in consolidation mode.As we said already move past 5260 levels is positive,while move below 5210 is negative then down trend may resume.

Nifty CMP: 5242

3 -H-MA-5267

3 -L-MA-5199

3 -C-MA-5226

My position: short with sl of 5267 levels closing basis.

Pivot table

Pivot point-5246
R1-5262
R2-5282
S1-5226
S2-5210