NIFTY - Resistance lines and 200 DMA

• First two charts shows Nifty approaching Multiple resistance lines and 200 DMA. 
• The level of resistance is between 5700 - 5750.
• Problem with the resistance line that touches 6335 , 6181, 5944 is the Obvious nature of the trend line. Everyone is expecting this trend line to resist nifty this time. And 200 DMA stands about 50 points above this trend line. So there may be some whipsaw's here before the big short trade plays out.
• Indicators - MACD looks strong in favor of bulls. Stochastic has reached overbought level. One shall wait for reversal candles from 5700 - 5750 level before taking short positions.
• S&P 500 ANALYSIS AFTER CLOSING BELL