As we can see NIFTY couldn’t break below 23800 levels and took support at our trendline support and recovered. We are still somewhat weak below the supply zone above but we can see a box like structure around current zone hence a flat opening and break above 24230 can show 24400++ in no time. 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.