As we can see NIFTY showed strong upmove which was expect as it closed itself above previous candles high and met all our criteria's for confirming its strength. Moreover, we can see no immediate RESISTANCE that can cause NIFTY to reject. Hence sticking to our analysis, we may see NIFTY heading towards 26000 level being a strong supply zone and psychological level 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.