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KAPAS Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
KAPAS (EXP 30 Apr 2019) CMP-1202.5 currently in up side in intraday. It is likely to test resistance 1209.30 / 1216.15 / 1227.30. If it breaks below 1198.15 with volume then it may test lowerside supports, such as 1191.30 / 1180.15 / 1173.30.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 1227.30
R3 1216.15
R2 1209.30
R1 1203.70
PP 1198.15
S1 1194.70
S2 1191.30
S3 1180.15
S4 1173.30
Last Day High 1205
Last Day Low 1187
Last Day Close 1202.5
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)