As NIFTY SAR is 5949. Long can be intiated at several places.
5974 - Dev-5-EMA
5963 - 5-EMA
5954 - 34 Hr SMA
If Shorts taken,
SL will be tick above 6000 AND/OR Hr Close above 5997.
Same goes for BankNifty
Longs can be intiated above 12625.
12663 - 5-EMA
12644 - Dev 7-EMA
12630 - 34 Hr SMA
If Shorts taken,
SL will be tick above 12760 AND/OR Hr Close above 12732.
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