As we can see NIFTY showed strong closing past 2 trading sessions which was well anticipated and discussed in our previous post i.e after continuous weakness, we might expect a short covering move and it happened. Now, standing by our analysis, until and unless NIFTY sustains itself above 26050-26100 level, every rise can be sold. 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.