Daily Line Chart
False breakout above 5142 on line charts. Nifty has broken the dashed uptrendline on line charts. This trendline on candlecharts offers support at 4936.
Obv shows negative divergence and has crossed below the recent low made on 7th December. Corresponding low of Nifty is at 5051.
If trades below 5090 and breaks 5050 then should find support at 4936.
Happy Trading !!