CHART-II
- Nifty range break has given a good short trade.
- 5000 - 5010 level may act as support
CHART-I
- Nifty 5 Minutes chart is still in a range.
- Reliance is in a triangle pattern.
- So stocks and index is in consolidation pattern which has to be resolved for a decisive move to happen. We may see whipsaws too before the real move takes place.
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