Stochastics turned is showing +ve bias, and is in overbought area.
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5267. EMA 15 support at 5190.
Answers for Yesterday
NIFTY tried to breakthrough the resistance at 5300 level, buit couldn't sustain and closed at the resistance level.
Questions
Will this spinning-top act as a top-reversal? If it is, there should be a confirmation tomorrow. Let's wait and watch.
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