The closer we get to expiry the stronger the bulls will get. Sustaining above 5100 is a very a positive sign. The shorts are trapped and now the war has shifted from price to time.
A hint of the trapped bears was visible when Nifty closed in 25 points premium in yesterday's closing.
The trailing stop loss for all longs is now 5080. A crossover of the 20 dema and 50 dema on the Sensex and Nifty is one more sign of the bulls getting stronger.
There are stock moves, but a clear 10% move in any stock is not visible.
Have a great trading day,
Regards,
Rahul T.
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