Here you can see that nifty opened at 5212.60 within 5 minutes went down to 5169.55 came again to 5210.00 our nifty level .bounced back and again went to 5170.00 here got supported by 20 EMA at 5178.00 and with that bounce reached to 5210.00 ,here after a little bit resistance finally penetrated our 5237.00 level and made a high of 5239.20 before closing at 5233.95 .so we can say our MACD shown its importance to all of us.
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