As we can see NIFTY showed some short covering after taking support from our important demand zone 22200. Going by our analysis, as long as we are above 22200 levels, every dip can be bough. But, if NIFTY closed below 22200-22000 level, we may see NIFTY falling sharply as this level is a neckline of the head and shoulders pattern. SO, plan your trades cautiously and keep watching everyone.
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