- Nifty stands below its 20 DMA for now. For sustaining this up move nifty has to close above 20 DMA and price has to close above the resistance line drawn in first chart too.
- Bigger resistance will be the 6010 - 6050 area. 50 DMA is near 6045 area and nifty has taken support between 6010 - 6035 many time. So this support area may act as resistance area if nifty manages to reach there.
- SHOOTING STAR OF S&P 500
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