Flat to positive opening is expected with possibility of fresh buying which may turn in short covering rally at later .
3 years weekly chart is showing spindle bottom above 20 wma but weekly candle closed below lower trend line negative sign and above 20 wma positive signal for for bulls .
3 years weekly Nifty Chart.
Trade in Nifty futures as per these levels
Buy at / above: 5890 Targets: 5906 – 5926 – 5945 – 5964
Stoploss : 5871
Sell at / below: 5871 Targets: 5855 – 5836 – 5816 – 5797
Stoploss : 5890
Stoploss : 5871
Sell at / below: 5871 Targets: 5855 – 5836 – 5816 – 5797
Stoploss : 5890
Spot the trend and trade according to trend with stoploss order .
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