- Nifty one hour shown with the unfilled GAP's which may act as resistance on counter trend up moves.
- Hour chart also shows a bearish cross between 50 and 200 Hour SMA. 50 Hour SMA and the GAP may act as immediate resistance levels.
- Daily chart is testing 50 and 200 Day SMA. Bears need a breakdown at this level to extend gains.
Posted by San at 10:04 AM
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