For MON 20170904
Nifty: 9974 Day Pivot: 9956 is trading at the long tern trend line resistance line. MACD is showing a positive crossover , while moving above the zero line is positive,
Last week i was expecting nifty to find a lower target, but if nifty is successful to trade above the trend line it can turn bullish
Above 10001 today’s Resistance are 10018_10044 &10071
Below 9948 today’s Supports are 9930_9905 & 9878
Weekly above 10033 Nifty’ Resistances will be 10069_10127
&10185
Weekly below 9916 Nifty’ Supports will be 9880_9822 &
9763
Monthly above 10090 Nifty Resistances will
be10163_10279&10396
Monthly below 9858 Nifty Supports 9786_ 9669 & 9553
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