Nifty Technical Outlook

Nifty made a new 52 Week High @5329.55 levels but bulls were unable to sustain at higher levels.
Last Week we saw Bulls facing resistance at 5330 levels and than reversing from that now 5330 if not crossed now will become double top and can be a bearish sign.
For authentic breakout of this upward resistance, the index need to stay above the 5330 for  at least 3 days or it needs to go up minimum 3% (presently around 5450) of the respective value.
A negative crossing of 100 DMA …
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