NIFTY continues with down tick but has not gains made on the short side. Value zone moves to 5315.50-5314.9, next hour will have the averages crossing over or if there is a reversal, it will start moving up. Tight averages do not permit big moves, which is visible in today's NIFTY movement. MACD histogram on the hourly is witnessing a clear bullish divergence to price.
Hold on to short positions.
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