It has not yet broken the range and maintained 5250...
today it is likely to test 5330 and above it 5350...if it reac hes 5370 go short for quick intraday gains....
There is consensus in the market that nifty will fall back from 5450-5500 zone ...so be ready for a surprise either a break away rally or a grinding down move from 5350 only....
i suggest to use shorting of options as a safe tools between 5200-5400 zone...as the energy is getting recoiled and the rocket may get launched on either side...good luck ...m not posting charts 2day as posted 4 charts yesterday...
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