ES Trend update
- 4 Hour chart continues to favor bulls as it stays above the cloud and 50 period SMA.
- 1 Hour chart gave a Golden ratio trade today. Range breakout fell back to the golden ratio and a long trade was possible with good risk reward ratio.
Close, the SENSEX rose 0.95 %, or 267 points, points to 28,334 while the Nifty jumped 0.9 %, or 75 points, to 8,477.
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