Nifty staying above 5074/5082, 5 Day EMA/SMA is important for the up move. Sofar all the corrections have got support at the respective channel bottom. Yesterday's close is exactly at the channel line, a drop below which will trigger a minor correction which may go up to 5095.95. If that is broken then 5015.50 is the next level. So a stop loss of 5095.95 to be used.
Nifty pivot table:
Nifty Elliott wave analysis of hourly chart:
Nifty Elliott wave analysis of 5 min chart:
Nifty Heikin Ashi charts:
Nifty Heikin Ashi daily chart:
Nifty Heikin Ashi hourly chart:
Nifty Heikin Ashi 5 min chart:
Nifty pivot table:
Nifty Elliott wave analysis of hourly chart:
Nifty Elliott wave analysis of 5 min chart:
Nifty Heikin Ashi charts:
Nifty Heikin Ashi daily chart:
Nifty Heikin Ashi hourly chart:
Nifty Heikin Ashi 5 min chart:
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