Charts shown here is the 20 day Hourly chart for Nifty. For the coming session we could witness a momentum towards upside and the Nifty could test the 3153-3177 upper trendline
On the lower side, 2978 lower trendline would act as a nice support.
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Divergence Always before a breakout
Nifty Future 5 min charts for the past 5 days shows a huge positive divergence Before a breakoutabove 200min MA(3360) in 5 min charts. Source:
www.marketcalls.in
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