Nifty holding 5360 levels throughout the week and also weekly closing was up now we can see that if nifty breaches 5360 levels nifty can correct to the levels of 5300 also a close below 5331 shall be trend decide and below 5300 only more weakness shall be seen and the 5th wave could get truncated below 5200 only till then markets can make high above 5454 but due to the week globle cues market may take correction mode or stay on sidelines in the range of 5350 to 5450
swing stoploss is at 5213 levels till then the trend remains up. but cautious views shall be below 5350 - 5300 only because it shall breach the channel
for monday nifty to remain week below 5380 with downward tgt of 5365 - 5357 - 5341 with sl of 5395 above which nifty shall show strength
ORB buy at 5384 levels @ 9.50 am
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