As we can see despite the strong opening, NIFTY couldnt sustain itself above our strong supply zone and psychological level which makes NIFTY get back into range. Hence, now as along as NIFTY doesnt breaks and sustain itself above the psychological level, it can remain negative to sideways with immense volatility 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.