Nifty opens in the green and crosses 5445 levels comfortably and sustains above it to close at 5476. VWAP @ close is 5457.
1) Bullish range for Monday is 5490-5525-5555. No longs intra day if Nifty trades below 5475 with gap down opening.
2) Intra day fall below 5465, should send Nifty down in panic to 5445-5400-5370 levels.
3) The 5-EMA level has now risen to 5428. Happy weekend! Happy trading!
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