Simple 5 EMA High-Low AFL with Interactive dashboard. Strategy suits for higher timeframe like daily, weekly, monthly
Nifty is trading in a rangebound zone between 5EMA(High)-5EMA(Low) zone for the past 4 days. 13 EMA is added along the 5 EMA(High-Low) strategy. After applying we could find that additional EOD resistance zone is near 4853. A Strong overhead resistance is near to this point.