My Picks

padiyaraa

Well-Known Member
Nifty:9796 is hourly oversold can find a resistance around 9870.
we are in a correction, and every pull back is an opportunity to short.
Expecting a minimum 38.2 % fall of the total bull run from 7984 to 10138, come around 9300.


nifty_20170830.jpg
 

padiyaraa

Well-Known Member
For MON 20170904
Nifty: 9974 Day Pivot: 9956 is currently trading below the long term trend line (RED),
But the MACD showing a positive cross over while crossing the zero line.
Last week I was expecting the correction to meet a minimum 38.2%,
but if nifty is trading above the trend line it will 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.
nifty_20170901.jpg
 

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