First let us review a Nifty Daily chart , generated from Netdania :
Chart from 01/12/2015 to 26/05/2016 with Macd (5,34,5).
Next is fractal TF 75 minute chart covering said period in 600 candles.
Next is zoomed view in 150 candle over 30 days ending on 26/05/2016.
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