As we can see NIFTY is back at very crucial zone which is both an important supply zone and a psychological level. Since, this zone has been tested multiple times now, making it weaker hence we can expect a strong upmove if NIFTY manages to close above the given zone. Until the NIFTY can remain sideways to volatile 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.