As we can see NIFTY has been continuously rejecting from our demand zone which shows the strength of the demand zone. But it has been tested multiple times now making it weaker hence any closing below 22950-22900 level can lead to another strong unidirectional downfall. So we must keep these levels on watch and plan our trades accordingly.
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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.