As Nifty taken prior resistance in opening minutes which was at 5604 successfully, short term nifty reversed....
Between two successive peaks 5610.xx and 5610.6 there is negative divergence so longs to be little cautious...
But pattern wise i am inclined y will start, it will be negate be in opening bell and nifty will head higher....
Y.B can be a triangle or flat or zig zag.... As pattern is premature it is difficult to say what pattern Y.B likely to take...
5643 and 5754.55 are two prices need to be watched....
Between two successive peaks 5610.xx and 5610.6 there is negative divergence so longs to be little cautious...
But pattern wise i am inclined y will start, it will be negate be in opening bell and nifty will head higher....
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