Negative sentiments after RBI policy announcement tanks the Nifty in a jiffy below 5675 to 5560 levels. VWAP @ close is 5615. Nifty closes at 5575.
1) Nifty back in negative mode once again and trading just above the crucial 5555 levels. Reversal will be above 5595 levels on spot prices for targets of 5620-5650.
2) Below 5555, next support levels are 5500 and 5450.
3) The 5-EMA level at close today is 5606. Nifty closes below all short term EMAs today. Happy trading :)
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