- It was around 5400 when nifty left its 5 day low ema, and after giving 600 points they met again. But it was a positive ending for the bulls. 5 day low ema acted as support and nifty closed near the 5 day high ema.
- Although nifty came back strong from 5960 levels it was still not able to close above 6035 the selling zone mentioned in an earlier post.
- So more upside from here only on a strong close into the selling zone above 6035.
CHARTS POSTED TODAY
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