- Nifty one hour chart shows price near 6961 which is a crucial number for bulls to hold above. Violation of it could lead to a test of the recent lows.
- Its a strong trend even in the smallest of time frames. 5 Minutes trending below the cloud. Bulls need to break above it to arrest the fall.
- Strength if stays above 7031. Weakness below 6998 as shown in 5 Minutes chart.
- S&P 500 Analysis after closing bell
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