- Nifty sustaining above Week High EMA and 20 Week SMA should favor bulls.
- Price is also closing above 5 Day High EMA. Weakness only if price starts to close below 5 Day High EMA.
- Weekly cloud too may act as support for bulls. Price falling into the cloud will be negative.
- Daily charts are showing negative divergence But MACD lines are yet to give a sell signal.
- USDINR CHART UPDATE
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