The NSE Nifty spot closed strange at 5337 near day low after made high of 5376. Nifty spot faced a trend line resistance at 5397 which has been shown in above figure. If we analyze the lower indicators, MACD is cutting upward and making positive trend whereas Stochastic is making zig zag pattern in the overbought field. Stochastic may also face a support which has been shown given figure. Now, in next trading session, Nifty spot will face resistances at 5364/5398 and supports at 5330/5292. In next trading session, some of the index scrips will face profit booking scenario.
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