As expected NIFTY got rejected exactly from our given trendline resistance but since it tried breaking the trednline, its candle high is of immense importance. Any break and sustainment above 25550 can result in strong unidirectional upmove, but below the trendline, it can remain sideways to negative 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.