As we can see NIFTY got back in the direction anticipated in our previous analysis. We can now expect NIFTY to get even more weaker if broke below 23900 level as it would make a structure of head and shoulders which is a strong bearish pattern. So, plan your trades accordingly and keep watching.
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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.