NIFTY ONE HOUR CHART
NIFTY ONE HOUR CHART
DAILY CHART
- Nifty hour has a bullish cross. So price if sustains above 50 Hour SMA it should move higher.
- Price is consistently getting resisted at a resistance line shown in 2nd chart. Either it should give a breakout above this line or a correction may happen on falling below 50 Hour SMA.
- Daily picture will turn negative for bulls if price starts to trade below 50 DAY sma.
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