Nifty is going up breaking all its resistances with support from Dow (which is making newer highs). Nifty after rallying more than 250 points in the last week may halt near 5950.
Both 50 DMA at 4945 and Plateau which was made on 20 Feb 2013 ( http://niftystudycharts.blogspot.in/2013/02/nifty-22-feb-2013-854-pm.html ) may act as a resistance.
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