As we can see NIFTY got rejected exactly from our supply zone which has been pre determined. Now as long as NIFTY manages to stay below our supply zone, every rise can be shorted, unless it manages to close itself above the supply zone, giving confirmation which can then show strong uptrend followed by W pattern. So, plan your trades accordingly and keep watching everyone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.