As we can see NIFTY didnt break below 24340 level and recovered strongly which nullified our analysis as it didnt meet our criteria. Rather, it showed another sign of REVERSAL as it closed above Supply zone which has now turned into DEMAND ZONE. Hence as long as we are above the demand zone, every dip can be bought 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.