As we can see NIFTY seems to be following our analysis. Now since it has entered our demand zone of 25150-25200, we can expect NIFTY to reverse as not much downside is available now. We can see 24950-25000 to act as a strong demand zone which is also a psychological level hence any signs of REVERSAL around this zone could show strong UPSIDE 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.