As we can see NIFTY couldnt sustain itself above the level and fell after opening weak. Hence, going by the analysis, we can expect NIFTY to remain weak below this level unless iit manages to sustain above 24500 level as this level will again act as a resistance. 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.