As we can see NIFTY fell and remained negative throughout the day as analysed. Now it can be seen trading around important demand zone and hence we may see NIFTY taking some short covering but overall it’s a bearish sentiment making sell on every rise 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.