As we can see NIFTY got rejected and did tried reversing but failed at now NIFTY isn trading at a no trade zone as supply and demand zones are closer that could lead to immense volatility hence one can scalp if appears on demand or supply zones and should not look for any positional trades for here.
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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.