50EMA (Mumma Support again pulls back the child like a magnet.)

50 EMA (Mumma Support again pulls back the child like a magnet.) Nifty which tried to break the shackles of 50 EMA is again under the same and now the full zone between 19566 to 19684 is full of resistances. Nifty will be bullish only after it closes above 19684. Till then there will be stock specific action based on results. Supports on the lower side are at 19528 and 19471. Other major support of 19471 is broken will be 19423. Below 19423 Nifty becomes very weak and Bears will be calling the shots totally.