Updated every Monday, on weekly basis.
29th August 2016 (Monday)
Market Short-term trend : For Short-term positions
Market closed cautious in last week, indicating a possible further weakness in this week.
Incase of any recovery, then the resistance above is at 8600.
It has to close above this level, for a short-term uptrend
Incase of a correction, then support below is at 8500.
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Market has to definitely recover above this support, for a safety.
Only incase of any close below support 8500, for two days, then it indicates a short-term correction.