padiyara

Nifty: 8897.It already made a lower low in minor time frame but

NSE:NIFTY   Nifty 50 Index
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8
It already made a lower low in minor time frame. But a pivot low is at 8710
A break below that is definitely a lower low and bearish too.

Nifty: 8897. Most probably will trade in a range 8920_8960 Monday
Support 8860, and Below 8804 only a bearish sentiment will be dominant.

This week a move above 8920 will take us to 8960 _9030
& for the month if nifty trading above 8940 it can go 9040_9130 _9210 & 9290

Comment: For FRIDAY 10 MARCH 2017
Nifty:8927
above 8936 can go to 8970 & 8990
below 8920 will see 8875

Nifty actual range so far this week was supp:8892 to 8978 res:,
a firm close above 9000 only will take nifty further up

Comments

Just one clarification! do you use Fibonacci levels or the pivots for projecting the target price or the price action for the future?
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padiyara Parasuram
@Parasuram, pivots mainly, but I check for a confluence of both to match with in a few points.
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I also have the same view...
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Good set up Thanks heaps and appreciate
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