As we can see NIFTY again remained sideways to negative as expected in our previous post but it has been hitting the SUPPLY ZONE multiple times making it very weak! Hence any closing below 24500 with proper closing will not only break the important SUPPORT but also break the psychological level of 24500 which can lead to unidirectional fall which could be SHARP so plan your trades according 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.