As we can see NIFTY has been respecting our levels for quite some time now. today despite its strong opening, it got rejected from our supply zone and managed to close around our demand zone and hence any flat opening with signs of rejection can show substancial upmove in NIFTY. Further multiple touches is making NIFTY's demand and supply zones weaker which can result in stronger breakout and unidirectional move so plan your trades accordingly and keep watching these important levels.
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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.