Nifty has taken support at 50 Hours EMA

Nifty has plunged as expected but during the last hour of the day took fantastic support at 50 Hours EMA. This support will again help Nifty to have another go at the resistance range of 19450 to 19525 zone. Before reaching this zone Nifty has to cross important resistance of 19419. Supports at 19359 and 19296 are strong ones.
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