As we can see NIFTY again got rejected around the trendline resistance. Now that the trendline has been tested multiple times, making it weaker. Hence any break above the given level can show strong upside but if maintains between the trendline and the demand zone of 24000, NIFTY could remain volatile. 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.