- Nifty managed to close above 200 SMA.
- A turnaround in trend may seen only if price manages to stay above 5 Day High EMA.
- Today being a weekly close price may try to close above 50 Week SMA As shown in 2nd chart
- The golden cross is still alive and if it is to perform well price should get back above 50 day sma soon. Price falling below 200 SMA will weaken this setup.
- DOW JONES TREND UPDATE
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