Following our analysis, we can expect NIFTY to reverse from here and form a potential good green candle from here but for POSITIONAL one can wait for NIFTY to show signs of REVERSAL around this demand zone. Hence wait for confirmation as any sustainment below the given zone could change the overall trend 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.