VWAP on closing basis is 5385.57 and volatility is 0.72.
Nifty downtrend continues and today the 55 DEMA of 5376 was broken and Nifty tested a low of 5348. Now the 34-DEMA is 5422 level. A small bounce can be expected to 5462 levels. Buy on rise to 5422-5432 zone for a target of 5462-5482 levels. Strict stop loss of 5400.
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