Nifty' on Friday made a new high with a gap up opening, created a strong support at 10104 level. The move from the abc' bottom 9688 towards the top was sluggish compared to the fall, but currently the MACD & RSI is in bullish zone. Hourly oversold condition may bring a small pull back., but we can expect 10453 this week.
For Mon 20171016
Nifty': 10167 Day Pivot: 10160
Above 10185 today’s Resistances are 10196 10214 10232 10243
Below 10150 today’s Supports are 10139 10121 10103 10092
Weekly Pivot: 10112
Weekly above 10235 Nifty’ Resist: will be 10277 10344 10412 10453
Weekly below 10100 Nifty’ Supports will be 10058 9991 9923 9882
Monthly Pivot: 9885
Monthly above 9884 Nifty’ Resist: will be 9943 10038 10134 10193
Monthly below 9693 Nifty’ Supports will be 9634 9539 9443 9384
For Mon 20171016
Nifty': 10167 Day Pivot: 10160
Above 10185 today’s Resistances are 10196 10214 10232 10243
Below 10150 today’s Supports are 10139 10121 10103 10092
Weekly Pivot: 10112
Weekly above 10235 Nifty’ Resist: will be 10277 10344 10412 10453
Weekly below 10100 Nifty’ Supports will be 10058 9991 9923 9882
Monthly Pivot: 9885
Monthly above 9884 Nifty’ Resist: will be 9943 10038 10134 10193
Monthly below 9693 Nifty’ Supports will be 9634 9539 9443 9384