- 50 DMA acted as strong resistance yesterday.
- It was one more day of trying to close above 50% Fib level which got failed.
- Nifty closed below 5 day high ema.
- Closed below 20 DMA as well.
- Unless the above mentioned levels are crossed with good volumes nifty may not move ahead.
- The weekly chart with the hidden trend line that is acting as resistance.
- CRUDE OIL RESISTANCE AND SUPPORT LEVELS
- S&P 500 ANALYSIS AFTER CLOSING BELL
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