Camarilla Pivot point
validates a move towards 9206, 9239 and 9272 until it sustains above 9075.217. According to theory of Camarilla Pivot points
, when price takes U turn near L3 = 9075.217 (today's low 9075.15) indicates a move towards H1 (9206), H2(9239) and H3(9272) . Support zone
lies in between 9075 and 8976. Good for shorting nifty
only below 8976 (breakdown level) for the targets 8889 and 8802.
Disclaimer: This is just my understanding about theory and execution. One can have their own analysis before executing positions.