Near 5600 levels nifty is showing Double top as well as crossover in 50 & 200 MA in daily charts indicates fresh bearish mode may be happened with sl 5620 tgt. 5360 and below 5280 tgt. wil be 4800/4500 in near term
so better to add fresh shorting position instead of buying position at this levels with sl 5620 .
And one more thing i want to say ,if u look on nifty weekly chart near 6300 levels which is showing double top that means future trend may be worst than before .
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