- 5900 - 5930 was held yesterday.
- Long shadow of the candle shows the strength of buyers. A reversal can be confirmed if price closes above 50 DMA today.
- Failure to close above 50 DMA will be negative for the bulls.
- Ichimoku cloud seems to be helping bulls. Price not able to break the cloud. If nifty closes above the cloud, some upward momentum can be seen in the coming day's.
- S&P 500 FUTURES CHANNEL BREAKOUT
- US DOLLAR CHART
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