Starting with a very new kinda observation today. Have a serious look. It's interesting :)
The first chart say can lotta things. The movements of few EMAs are perfecting clarifying the complicacy in it's movements. History certainly repeats. But how that is important and somehow critical to find out.
Support: Clearly 5212/05 is biggest support now. Holding that nifty again can move up. Below that positional target of 5180/60-5140-5115/10 will be in play.
Resistance: Sustaining above 5230/34 is important. Above that 5260 and 5275 can be targeted again. Violation of 5295 would see newer highs as targets are 5310-5333/40.
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