As we can see NIFTY did show some strong recovery exactly from our demand zone which was well analysed in our previous post. Now after unidirectional rally and gap filling we my see NIFTY getting rejected as GAPS acts as a great resistance hence we may expect a temporary retracement until it continues its upside journey so plan your trades accordingly and keep watching everyone.
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.
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.