5 MINUTES CHART
HOUR CHART
- First chart shows the V shaped recovery in 5 minutes time frame.
- Price is yet to fill the morning GAP. and nifty went down more than 100 points, Recovered more than 100 points and it is about to fill the Morning GAP. May find resistance in this area for some time before it goes above 5963.
- Price is trading below its 50 Hour moving average as shown in the hour chart. The up trend will resume if price closes above 50 hour moving average.
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