Is short term down trend over?
Yes, it is getting over based on weekly chart, and today is the day where it be decided.
Intraday support @ 5359 and weekly support @ 5347, which as per me strong support area (5359-5347-5345), Intraday traders can go long by keeping this area as SL.
Now target, yesterday Nifty tried to cross 5424 multiple times and failed, once this is crossed it will move faster to 5469.
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