As we can see NIFTY did achieve our target of 26000 as expected and got rejected exactly from there which was well analysed in our previous post about the possible rejection being both a psychological level and important supply zone. Now that we have seen strong rejection, we can expect NIFTY to remain negative in coming trading sessions unless it manages to sustain itself above 26000 levels so plan your trades cautiously.
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.
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.