- NIFTY Month chart shows price closing above 20 Month SMA and 5 Month High EMA after many months of failed attempts.
- Weekly chart testing previous resistance level of 5735.
- Daily chart continue to sustain above 10 Day EMA. Daily candle looks similar to a shooting start not perfect but looks bearish, One negative for bears here is that price closed above 5 Day High EMA.
- Crucial levels in daily time frame is shown in last chart.
Posted by San at 8:23 AM
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