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.