Nifty' made a bearish candle in 2 hour muhurt trading, gives an incorrect view of the actual scenario. It can be either way but, we are currently in a small correction of a wave 3 impulse, assuming that the wave3 will attain a minimum 1.382% of wave 1.Hope that we will have strong support at 10100.We are expiry week and the indicators are showing a negative divergence are other concerns.
For Mon 20171023
Nifty': 10146.55 Day Pivot: 10161
Above 10168 today’s Resistances are 10181 10202 10223 10235
Below 10126 today’s Supports are 10113 10092 10071 10058
Weekly Pivot: 10174
Weekly above 10195 Nifty’ Resist: will be 10225 10273 10321 10351
Weekly below 10098 Nifty’ Supports will be 10068 10020 9972 9942