Nifty closes below a fresh 4 week low.
Nifty Weekly Resistance
5 EMA-Low – 4105 – candle closed below 5EMA -Low on Weekly basis since March,2009
13 EMA – 4033 – Nifty closed below major Fibonacci Moving Average support which could act as a resistance zone for current week
Nifty Weekly Support
34/55 EMA – 3708/3754 will act as a Support zone on weekly basis
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