NIFTY near resistance zone

• Line chart shows nifty hitting the resistance zone at around 6010 levels.
• Nifty should make a close above this zone for favoring bulls. 
• 50 DAM is around 6018 levels price should close above this level too for a sustained up ward move to happen.
• Bears would hope that price hits resistance here again. For bears good gains can come only if the 20 DMA gets broken.
• BANK NIFTY TECHNICAL ANALYSIS
  
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