NIFTY DAILY CHART:
MOVING AVERAGES: NIFTY HAD TAKEN SUPPORT AT 40 DAY (SMA) AT 5160 (ARROW)AND RECOVERED FROM THAT POINT AND CLOSED AT 5203 (YESTERDAY)
NIFTY WILL FACE RESISTANCE AT 20DAY SMA WHICH IS 5290
IT WILL ALSO FACE RESISTANCE TO CROSS THE 2ND TREND LINE ( GREEN LINE) IN COMING DAYS
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