Today was 49th day from low 4531 Nifty spot made high 5413.35 which can be valid for Trend reversal.

NF made high @ 5414.80 and low @ 5340 and close @ 5355.20

Hurdle @ 5382-5393.

Above 5393 NF will catch fire again.

Below 5340 NF will slide more upto 5269-5237.

Don’t Remain short if close above 5382 or if Nifty spot crosses 5413.35.