Intraday update NIfty - 2.00pm

The Bullish Rising three Candle pattern is invalid due to the low at 6253.

EOD close above Day LEMA is required for further upmove. The retracements for 6415-6254 is as follows:

retr for 6415 - 6254

38.2% - 6314
44.7% - 6324
50% - 6333
61.8% - 6352
78.6% - 6380
88.6% - 6382
113% - 6432

If EOD close is above current day LEMA - then a buy can be attempted.