As we can see NIFTY got rejected exactly around our trendline support. Despite the rejection, it managed to close itself above 25000 mark. This closing can act as a restest to the breakout zone and hence as long as we are above 25000 psychological level, we can expect NIFTY to remain bullish. 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.