As we can see NIFTY feel strongly followed by the strong gap down! Though the rejection was anticipated but this huge bearishness was not. Now we should keep watch closely on the psychological level and previous swing as any breach of previoys wing could lead to another 200-300 point downfall 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.
