Nifty today opened below 50 Day EMA and stayed below it throughout. It closed at 21 Day EMA 4936. If it breaks this level, then it will target next level i.e 5 Day High Ema & 5 Day EMA i.e.4902 & 4853 (at present).
Dow's falling trendline is around 12100. It should not go above this level to keep the trend intact.
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