each levels act as support and resistance , one can trade on 3 min , 5 min and 15 min too as per their intraday trading strategy.
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The index opened above the second upside target mentioned in the last CRAME NOTE . However after the gap up, the index witnessed consistent selling through out the day, though it closed above the previous close. Some interesting things to observe is that despite the selling pressure witnessed at higher levels the index made a triple bottom in the intraday chart...