As we can see despite the weak opening in first half, NIFTY managed to recover and ended up closing strong with a green candle which shows NIFTY can absorb such shocks and can withstand any if comes in unforseen future which shows self sustaining power of indian economy. Following our analysis, we can expect NIFTY to continue its rally towards 25500 which its next supply zone 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.