As per cash NIFTY chart close below 5285 (2-3 days) then more bearishness can seen. Today Nifty take low on Support line. MACD will also look negative in coming days. 5370-5400 level is looking PROFIT BOOKING level so keep strict SL of 5410 & hold sell position. We can see till 5190-50-05, 5050-20-03,4980-60-25.
Hello Friends,Here I attached NIFTY WEEKLY CHART which show Bullish pattern on charts. If nifty close above 5490-5500 levels(weekly basis) then keep SL 4790-4810(weekly basis) & TGT should be roughly 5900. Here I also found one very strong support is 4675 (weekly basis)