Nifty had an Intraday selloff but recovered at the end.Breadth was same as yesterday and volumes improved over yesterday.Wave5 daily continues with 4 days already.
Important points for today.
1.Nifty upmove by 0.2% with 1.3 breadth.
2.40th day of rally from Feb6th.
Since Nifty has closed above its 5ema, so it remains in +ve momentum, so more upsides can be expected though it is struggling every few points higher now.This being the Wave5 daily, there should be swift reversal whenever Nifty corrects its 700+ point rally.
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