Spot Nifty - 5 MinIn Spot nifty 5 min chart market is moving in a channel. If breaks the support 4530 with volumes on downside means then probable target is 4470 – 4460 levels. Channel height is 65 Points.
Nifty Future - 5 MinIn 5 min charts we see a Triangular pattern, but heavy selling pressure seen near the Resistance line. A strong up move with heavy volumes needed to break the Resistance line ( 4610 ). Today if breaks above and holds for 10 min with Volumes 4610 - 4630 levels then next target is 4640 / 4662 / 4680 / 4703. If breaks below 4550 then next tgt seems to be 4470 – 4460 levels.
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