As we can see NIFTY managed to show a strong recovery despite the weakness in first half which took place because of the demand zone analysed in our previous post. Though our outlook is still negative in long run but as long as NIFTY maintains itself above the demand zone, unidirectional fall cannot be expected 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.