As we can see NIFTY got rejected exactly from our supply zone. We can expect NIFTY to remain sideways to negative as long as NIFTY manages to sustain itself below the supply zone. We must wait for NIFTY to break and close itself above the supply zone for confirmation of the uptrend. 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.