- Price closed above 50 and 20 Day SMA. Bulls need follow up and has to close above the resistance line for a bigger up move to unfold.
- Price also getting closer to 5 Week High EMA which need to be crossed on closing basis for a sustained up move.
- India VIX is closing in on support line which may give hope for bears.
- 5 Week High EMA at 5370
- 50 Day SMA at 5311
- 20 Day SMA at 5291
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