NIFTY FUTURES 4 HOUR CHART
- Nifty may test the 5350 support region this week.
- Nifty closed near the low of the day. The index has also closed below its 20 DAY SMA. It has also closed below 5 DAY H.EMA.
- Looking at the global scenario nifty may get a gap down today. That means selling will continue. Break of 5350 and a weekly close below this region will be very bearish for the short term.
- Nifty future chart is also indicating a test of 5350 region.
- DOW JONES ANALYSIS AFTER CLOSING BELL
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